Federal tax incentive bill introduced to retain U.S. film and television production
Confirmed1 source · Oct 25, 2026
The Motion Picture, Television, and Entertainment Revitalization Act proposes federal tax incentives to counter the outflow of production work overseas.
What happened
A new bill called the Motion Picture, Television, and Entertainment Revitalization Act has been introduced in Congress. The legislation seeks to establish federal tax incentives designed to counteract the trend of film and television production relocating abroad.
Context
The proposed incentives aim to address economic and employment implications of production migration. By making domestic production more financially competitive, the bill targets the structural factors driving studios and production companies to shoot elsewhere, potentially affecting jobs and tax revenue in U.S. entertainment hubs.