United StatesSenate Bill 2530S 2530

CREATE Act

Taxation

3 pages

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Last progress July 30, 2025 (4 months ago)

Introduced on July 30, 2025 by Marsha Blackburn

Sponsors (2)

This bill lets more “qualified productions” be fully written off (expensed) on taxes right away. It raises the spending limit that can be expensed to $30 million, up from a much lower amount before. It also keeps this tax break in place longer and adds an annual inflation adjustment starting after 2026, so the limits can grow over time. These changes aim to make it easier and cheaper to produce qualifying projects in the U.S.

Key details:

The higher limit and inflation adjustment apply to the existing tax rule for qualified productions.
The program’s end date is pushed from December 31, 2025, to December 31, 2030.
The changes apply to productions that start in tax years ending after December 31, 2025.

Who is affected	What changes	When it starts	When it ends
Makers of “qualified productions”	Expense limit raised to $30,000,000; future limits adjusted for inflation	For productions beginning in tax years ending after Dec 31, 2025	Tax benefit extended through Dec 31, 2030

CREATE Act

Sponsors (2)

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