3.0.0 376 2024-06-12T18:21:09Z 2024-06-12T18:21:09Z House H HR 2023-01-17 118 [Congressional Record Volume 169, Number 12 (Tuesday, January 17, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. GONZALEZ-COLON:H.R. 376.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 Defense and general Welfare of the United States;but all Duties, Imposts and Excises shall be uniformthroughout the United States; [ . . . ]--AndTo 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.Moreover, the Congress has the power to enact thislegislation pursuant to Article IV, Section 3, whichprovides, in relevant part, as follows:The Congress shall have Power to dispose of and make allneedful Rules and Regulations respecting the Territory orother Property belonging to the United States; and nothing inthis Constitution shall be so construed as to Prejudice anyClaims of the United States, or of any particular State.[Page H244]]]> hswm00 Ways and Means Committee House Standing Referred to 2023-01-17T19:01:40Z 2023-01-17 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2023-01-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-01-17 Introduced in House IntroReferral 1000 9 Library of Congress G000582 Rescom. González-Colón, Jenniffer [R-PR-At Large] Jenniffer Gonzalez-Colon R PR N Taxation Business investment and capital 2023-03-20T13:15:38Z Income tax deductions 2023-03-20T13:15:38Z Performing arts 2023-03-20T13:15:38Z Puerto Rico 2023-03-20T13:15:38Z Television and film 2023-03-20T13:15:38Z U.S. territories and protectorates 2023-03-20T13:15:38Z Taxation 2023-01-30T16:30:27Z 00 2023-01-17 Introduced in House 2023-01-31T14:33:59Z Puerto Rico Film, Television, and Theatre Production Act of 2023

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 amortizing such costs over a period of years.)

]]> Puerto Rico Film, Television, and Theatre Production Act of 2023 Display Title 45 Puerto Rico Film, Television, and Theatre Production Act of 2023 2024-06-12T18:21:09Z Short Title(s) as Introduced 101 Puerto Rico Film, Television, and Theatre Production Act of 2023 2024-05-24T13:42:59Z Introduced in House IH Official Title as Introduced 6 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. 2024-03-18T20:12:33Z Introduced in House IH Introduced in House 2023-01-17T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr376ih/xml/BILLS-118hr376ih.xml 2023-01-17 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.