Bipartisan Efforts Boost Federal and State Film Tax Incentives

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Source: The Hollywood Reporter
TL;DR Summary

Jon Voight and other industry supporters are backing bipartisan legislation, the CREATE Act, to extend a federal tax deduction for domestic film and TV production, aiming to boost American filmmaking and keep jobs local. The bill seeks to extend Section 181 through 2030, with support from both Democrats and Republicans, amidst broader efforts to promote domestic film industry incentives.

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