3.0.0 3943 2022-11-01T13:50:25Z 2022-11-01T13:50:25Z House HR 2019-07-24 116 [Congressional Record Volume 165, Number 125 (Wednesday, July 24, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Miss GONZALEZ-COLON of Puerto Rico:H.R. 3943.Congress has the power to enact this legislation pursuantto the following:The Congress has the power to enact this legislationpursuant to Article I, Section 8, Clauses 1 and 18 of theU.S. Constitution, which provide as follows:The Congress shall have Power To lay and collect Taxes,Duties, Imposts and Excises, to pay the Debts and provide forthe common Defence and general Welfare of the United States;[and . . . ]To make all laws which shall be necessary and proper forcarrying into Execution the foregoing Powers, and all otherPowers vested by this Constitution in the Government of theUnited States, or in any Department or Officer thereof.[Page H7378]]]> hswm00 Ways and Means Committee House Standing Referred to 2019-07-24T14:00:30Z 2019-07-24 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2019-07-24 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-07-24 Introduced in House IntroReferral 1000 9 Library of Congress G000582 Resident Commissioner González-Colón, Jenniffer [R-PR-At Large] Jenniffer Gonzalez-Colon R PR N Taxation Business investment and capital Income tax deductions Performing arts Puerto Rico Television and film U.S. territories and protectorates Taxation 00 2019-07-24 Introduced in House 2019-09-30T19:15:58Z Puerto Rico Film, Television, and Theatre Production Act of 2019

This bill extends the expensing provisions for film, television, and theater productions to productions in Puerto Rico. (Expensing permits the write-off of property costs in the current taxable year rather than capitalizing such costs.)

]]> Puerto Rico Film, Television, and Theatre Production Act of 2019 Display Title Puerto Rico Film, Television, and Theatre Production Act of 2019 Official Title as Introduced To amend the Internal Revenue Code of 1986 to allow accelerated depreciation of certain qualified film and television and live theatrical productions in Puerto Rico. Introduced in House IH Short Title(s) as Introduced Puerto Rico Film, Television, and Theatre Production Act of 2019 Introduced in House IH Introduced in House 2019-07-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr3943ih/xml/BILLS-116hr3943ih.xml 2019-07-24 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.