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Raises the dollar cap and updates timing rules for the Section 181 tax incentive for "qualified productions," increases the maximum qualified production dollar limit to $30,000,000, indexes the dollar amounts for inflation (rounded to the nearest $1,000), and extends the authority through December 31, 2030. These changes amend Internal Revenue Code section 181 to make the deduction more generous and to preserve its value over time, with an effective date specified in the amendment text.
Read twice and referred to the Committee on Finance.
Introduced July 30, 2025 by Marsha Blackburn · Last progress July 30, 2025
CREATE Act