Congress bill proposes 20% federal credit for film and TV labour

Bipartisan U.S. lawmakers have unveiled a bill for a first-of-its-kind 20% federal credit on film and TV labour costs, as reported by Deadline. Bonuses could lift the rebate to 30%, as reported by Deadline. It would cover qualifying productions costing over $1 million, as reported by Deadline, for taxable years after 31 December 2026.