United States · Bill · S
S. 1644 (97th)
Theatrical Production Investment Tax Credit Act of 1981
Introduced
18 September 1981
Last action
—
Status
Committee on Finance requested executive comment from OMB; Treasury Department.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Theatrical Production Investment Tax Credit Act of 1981 - Amends the Internal Revenue Code to qualify theatrical productions, to the extent of the taxpayer's ownership interest, for the investment tax credit. Excludes from the definition of "theatrical production" any presentation primarily for use on television or radio or in a night club or film. Specifies that the qualified investment, for purposes of calculating the credit, shall be 66 2/3 percent of the production costs incurred for presentation of the production in the United States and prior to its actual opening.
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Documents
1 official file
Introduced in Senate
summary · EN · 18 September 1981
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/senate-bill/1644
- Open data entity: https://api.congress.gov/v3/bill/97/s/1644