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          <title>WashingtonWatch.com - S. 3330, The Domestic Film Production Equity Act of 2008</title>
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<title>Revision by webmaster (August 24, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_3330.html?rev=29752</link>
<description>&lt;p&gt;S. 3330 would amend the Internal Revenue Code of 1986 to modify the deduction for domestic production activities for film and television productions.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Domestic Film Production Equity Act of 2008 - Amends Internal Revenue Code provisions relating to the tax deduction for domestic film and television production activities to: (1) include within the income base for such deduction compensation for services performed in the United States by actors, production personnel, directors, and producers and any copyrights, trademarks, or other intangibles with respect to a film production; and (2) allow a deduction for partners or S corporation shareholders who own at least a 20% interest in a film project.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 7/24/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">29752@http://www.washingtonwatch.com</guid>
<pubDate>Sun, 24 Aug 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (July 25, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_3330.html?rev=28238</link>
<description>&lt;p&gt;S. 3330 would amend the Internal Revenue Code of 1986 to modify the deduction for domestic production activities for film and television productions.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to update the status of the bill!)&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">28238@http://www.washingtonwatch.com</guid>
<pubDate>Fri, 25 Jul 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (July 25, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_3330.html?rev=28239</link>
<description>&lt;p&gt;S. 3330 would amend the Internal Revenue Code of 1986 to modify the deduction for domestic production activities for film and television productions.&lt;/p&gt;


&lt;h2 id=&quot;toc8&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc9&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 7/24/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc10&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc11&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">28239@http://www.washingtonwatch.com</guid>
<pubDate>Fri, 25 Jul 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Status as of July 24, 2008</title>
<link>http://www.washingtonwatch.com/bills/show/110_SN_3330.html</link>
<description>7/24/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.</description>
<guid isPermaLink="false">38121@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 24 Jul 2008 00:00:00 EDT</pubDate>
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