,,ii  #aae? ,,congress  #a/ ,session    
,s4 #adfi  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,june #bh1 #bjag,mr4   
,blunt 7= himself1 ,mr4 ,s*um]1 ,mr4    
,isakson1 & ,mr4 ,c>d97 introduc$ !     
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,f9ance  ,a ,,bill   
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to ext5d tax inc5tives to         
p]man5tly ext5d ! special exp5s+ rules =
 c]ta9 film1 television1 & live !atrical
 productions1 & = o!r purposes4  #a4    
,%ort title ,?is ,act may be cit$ z !   
,lift ,inve/m5t 9 ,film1 ,television1 & 
,!at] ,act or ! ,,liftt ,act4  #b4      
,p]man5t ext5sion ( exp5s+ ( qualifi$   
productions  7a7 ,p]man5t ext5sion      
,section #aha ( ! ,int]nal ,rev5ue ,code
 ( #aihf is am5d$ by /rik+ subsection   
7g74  7b7 ,modification ( rules =       
election ,p>agraph 7#a7 ( section       
#aha7;c7 ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$-- 7#a7 by /rik+ = !      
taxable ye> 9 :i* & ins]t+  =-- 7#a7 9 !
 case ( a qualifi$ film or television   

production1 ! taxable ye> 9 :i*  2  7#b7
 by /rik+ ! p]iod at ! end & ins]t+ 1 &2
 &  7#c7 by add+ at ! end ! foll[+ new  
p>agraph3  7#b7 9 ! case ( a qualifi$   
live !atrical production1 ! taxable ye> 
9 :i* su* !atrical production holds its 
fir/ public p]=mance4  4  7c7 ,effective
 date  7#a7 ,9 g5]al ,! am5dm5ts made by
 ?is section %all apply to productions  
comm5c+ aft] ,decemb] #ca1 #bjaf4  7#b7 
,comm5cem5t ,= purposes ( p>agraph 7#a71
 ! date on :i* a qualifi$ live !atrical 
production comm5ces is ! date ( ! fir/  
public p]=mance ( su* production = a    
pay+ audi5ce4