,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #edig  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #af1 #bjad  
,mr4 ,pet]son introduc$ ! foll[+ bill2  
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to modify & ext5d 
! election to exp5se ! co/ ( qualifi$   
film1 television1 & !atrical            
productions4  #a4 ,%ort title ,?is ,act 
may be cit$ z ! ,film ,inc5tive ,re=m   
,act ( #bjad4  #b4 ,modification &      
ext5sion ( election to exp5se ! co/ (   
qualifi$ film1 television1 & !atrical   
productions  7a7 ,ext5sion ,section     
#aha7;f7 ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by /rik+ ,decemb] #ca1   
#bjac & ins]t+ ,decemb] #ca1 #bjae4  7b7
 ,modification ( qualifi$ film1         
television & !atrical productions to :i*
 section applies  7#a7 ,9 g5]al ,section
 #aha7;d7 ( su* ,code is am5d$ to read z
 foll[s3  7d7 ,qualifi$ film1           
television1 or !atrical production ,=   
purposes ( ?is section--  7#a7 ,9 g5]al 

,! t]m qualifi$ film1 television1 or    
!atrical production means--  7,a7 any   
film or television production if #ajj   
p]c5t ( ! total comp5sation ( ! film or 
television production is comp5sation =  
s]vices p]=m$ 9 ! ,unit$ ,/ates1 &  7,b7
 any !atrical production if #ge p]c5t ( 
! total comp5sation ( ! !atrical        
production is qualifi$ comp5sation4     
7#b7 ,film or television production     
7,a7 ,9 g5]al ,! t]m film or television 
production means prop]ty describ$ 9     
section #afh7;f77#c74  7,b7 ,special    
rule = television s]ies ,9 ! case ( a   
television s]ies--  7i7 ea* episode (   
su* s]ies %all be treat$ z a sep>ate    
production1 &  7ii7 only ! fir/ #dd     
episodes ( su* s]ies %all be tak5 into  
acc\nt4  7#c7 ,!atrical production  7,a7
 ,9 g5]al ,! t]m !atrical production    
means a live /ag$ production ( a play 7)
 or )\t music7 :i* is d]iv$ f a writt5  
book or script & is produc$ or pres5t$ 9
 any v5ue :i* has an audi5ce capacity ( 
n m ?an #c1jjj or a s]ies ( v5ues !     

majority ( :i* h an audi5ce capacity ( n
 m ?an #c1jjj4  7,b7 ,t\r+ companies ,9 
! case ( multiple live /ag$ productions 
= :i* an election "u ?is section is made
 by ! same taxpay] & :i* are--  7i7     
sep>ate phases ( a production1 or  7ii7 
sep>ate simultane\s /ag+s ( ! same      
production 9 diff]5t geographical       
locations 7n includ+ multiple p]=mance  
locations ( any "o t\r+ production71    
ea* su* live /ag$ production %all be    
treat$ z a sep>ate production4  7,c7    
,phases ,= purposes ( subp>agraph 7,b71 
! t]m phase ref]s to ea* ( ! foll[+ 7b  
only if ! taxpay] treats ea* ( ! foll[+ 
z a sep>ate activity = all purposes (   
?is title73  7i7 ,! initial /ag+ ( !    
production4  7ii7 ,subsequ5t additional 
/ag+s or t\r+s ( ! production :i* are   
produc$ by ! same produc] z ! initial   
/ag+4  7,d7 ,qualifi$ comp5sation  7i7  
,9 g5]al ,= purposes ( p>agraph         
7#a77;,b71 ! t]m qualifi$ comp5sation   
means comp5sation = s]vices p]=m$ 9 !   
,unit$ ,/ates by actors1 directors1     

musicians1 produc]s1 & o!r production & 
po/-production p]sonnel4  7ii7          
,p>ticipations & residuals exclud$ ,=   
purposes ( p>agraph 7#a77;,b7 & clause  
7i71 ! t]m comp5sation does n include   
p>ticipations & residuals 7z def9$ 9    
section #afg7;g77#g77;,b774  7#d7       
,exception ,! t]m qualifi$ film1        
television1 or !atrical production %all 
n include any production if records are 
requir$ "u section #bbeg ( title #ah1   
,unit$ ,/ates ,code1 to be ma9ta9$ )    
respect to any p]=m] 9 su* production4  
4  7#b7 ,con=m+ am5dm5ts  7,a7          
,subsections 7a77#a71 7a77#b77;,a71     
7a77#b77;,b71 7b71 & 7c77#a7 ( section  
#aha ( su* ,code are ea* am5d$ by /rik+ 
any qualifi$ film or television         
production & ins]t+ any qualifi$ film1  
television1 or !atrical production4     
7,b7 ,section #aha7;f7 ( su* ,code is   
am5d$ by /rik+ qualifi$ film &          
television productions & ins]t+ any     
qualifi$ film1 television1 or !atrical  
production4  7,c7 ,! head+ ( section    

#aha is am5d$ by /rik+ qualifi$ film &  
television productions & ins]t+ qualifi$
 film1 television1 & !atrical           
productions4  7,d7 ,! item relat+ to    
section #aha 9 ! table ( sections = "p  
,,vi ( sub*apt] ,b ( *apt] #a ( su*     
,code is am5d$ to read z foll[s3  ,sec4 
#aha4 ,treatm5t ( c]ta9 qualifi$ film1  
television1 & !atrical productions4  4  
7c7 ,effective date ,! am5dm5ts made by 
?is section %all apply to qualifi$ film1
 television1 & !atrical productions     
comm5c+ aft] ,decemb] #ca1 #bjac4