Search

Search bills, members, committees and pages...

Sign In

H.R. 4840

U.S. House•In House Committee

Summary

H.R. 4840, the CREATE Act, was introduced in the House on Aug 1, 2025 by Rep. Judy Chu (D) with 15 co-sponsors. It was referred to Ways And Means, and last saw action on Aug 1, 2025: Referred to the House Committee on Ways and Means.

Record

Text

H.R. 4840 has 15 co-sponsors.

hb4840/introduced-in-house.txt
119 HR 4840 IH: Creative Relief and Expensing for Artistic Entertainment Act
 U.S. House of Representatives
 2025-08-01
 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.
 I  119th CONGRESS  1st Session  H. R. 4840  IN THE HOUSE OF REPRESENTATIVES   August 1, 2025   Ms. Chu  (for herself and  Ms. Malliotakis ) introduced the following bill; which was referred to the  Committee on Ways and Means    A BILL
To amend the Internal Revenue Code of 1986 to expand the ability to expense certain qualified productions.
1.
Short title
This Act may be cited as the   Creative Relief and Expensing for Artistic Entertainment Act   or the   CREATE Act  .
2.
Adjustment of provisions applicable to qualified productions
(a)
Dollar limitations
 Section 181(a)(2)  of the Internal Revenue Code of 1986, as amended by section 70434 of  Public Law 119–21 , is amended—
(1)
in subparagraph (A), by striking  $15,000,000  and inserting  $30,000,000 ,
(2)
in subparagraph (B), by striking  by substituting  $20,000,000  for  $15,000,000 .  and inserting  by substituting  $40,000,000  for  $30,000,000 . , and
(3)
by adding at the end the following new subparagraph:
(D)
Inflation adjustment
(i)
In general
In the case of any taxable year beginning in a calendar year after 2026, each dollar amount in subparagraphs (A), (B), and (C) shall be increased by an amount equal to—
(I)
such dollar amount, multiplied by
(II)
the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting  calendar year 2025  for  calendar year 2016  in subparagraph (A)(ii) thereof.
(ii)
Rounding
Any increase determined under clause (i) shall be rounded to the nearest multiple of $1,000.
 .
(b)
Extension of termination
Subsection (h) of section 181 of such Code, as redesignated and amended by section 70434 of  Public Law 119–21 , is amended by striking  December 31, 2025  and inserting  December 31, 2030 .
(c)
Effective date
The amendments made by this section shall apply to productions commencing in taxable years ending after December 31, 2025.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-08-01
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

To amend the Internal Revenue Code of 1986 to expand the ability to expense certain qualified productions.

Sponsors

Rep. Judy Chu (D) sponsors H.R. 4840, and 15 members have co-sponsored it, 1 of them from the day it was introduced.

Committees

H.R. 4840 went before 1 committee: Ways and Means.

Ways and Means
Ways and Means
Referred To · Aug 1, 2025 · 1,160 Bills

Actions

H.R. 4840 has taken 2 actions since Aug 1, 2025.

ChamberAction
Aug 1, 2025
House
Introduced in House
Aug 1, 2025
House
Referred to the House Committee on Ways and Means.Ways and Means Committee

Votes

H.R. 4840 has not gone to a roll call.

1 bill is related to H.R. 4840.

Titles

H.R. 4840 goes by 4 titles, 2 of them short titles.

  • CREATE Act — Display Title
  • CREATE Act — Short Title(s) as Introduced
  • Creative Relief and Expensing for Artistic Entertainment Act — Short Title(s) as Introduced
  • To amend the Internal Revenue Code of 1986 to expand the ability to expense certain qualified productions. — Official Title as Introduced

Lobbying

7 clients hired 7 firms and 26 registered lobbyists who named H.R. 4840 in 25 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Taxation/Internal Revenue Code, Trade (domestic/foreign), Copyright/Patent/Trademark, Budget/Appropriations, Labor Issues/Antitrust/Workplace, Communications/Broadcasting/Radio/TV, Health Issues, Retirement.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
MOTION PICTURE ASSOCIATION—District of Columbia14$200K
INDEPENDENT FILM & TELEVISION ALLIANCETrade association for the independent motion picture and television industryCalifornia14$110K
AMERICAN ASSOCIATION OF INDEPENDENT MUSICTrade association that represents independent record labels in the United StatesNew York14$80K
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES—District of Columbia14—
INTERNATIONAL BROTHERHOOD OF TEAMSTERS—District of Columbia14—
MOTION PICTURE ASSOCIATION INC—District of Columbia13—
DIRECTORS GUILD OF AMERICA, INC.—California12—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
CAPITOL TAX PARTNERS, LLP14$200K
COGENT STRATEGIES LLC14$110K
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES14—
INTERNATIONAL BROTHERHOOD OF TEAMSTERS14—
NVG, LLC14$80K
MOTION PICTURE ASSOCIATION, INC.13—
DIRECTORS GUILD OF AMERICA, INC.12—

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 26.

LobbyistFirmsClientsFilings
ALICE ALEXEEVA114
ANDREW KAUDERS114
BEN TIMMINS114
CAROLINE HARRIS114
CLAUDIA JAMES114
COLE SCANDAGLIA114
DAVID OXNER114
EDEN SHIFERAW114
JACKSON REES114
JACOB TRIOLO114
JONATHAN TALISMAN114
JOSHUA HURVITZ114
KATHERINE MONGE114
RANDALL GERARD114
SUNSHINE MCBRIDE114
TAYLOR HOOVER114
TYLER MCINTOSH114
UDITINDER THAKUR114
ALIVIA ROBERTS113
EMMA PRESTON113

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
MOTION PICTURE ASSOCIATION INCMOTION PICTURE ASSOCIATION, INC.2025 fourth_quarter$660K4th Quarter - Report
MOTION PICTURE ASSOCIATION INCMOTION PICTURE ASSOCIATION, INC.2026 second_quarter$640K2nd Quarter - Report
MOTION PICTURE ASSOCIATION INCMOTION PICTURE ASSOCIATION, INC.2026 first_quarter$640K1st Quarter - Report
INTERNATIONAL BROTHERHOOD OF TEAMSTERSINTERNATIONAL BROTHERHOOD OF TEAMSTERS2026 second_quarter$489.1K2nd Quarter - Report
INTERNATIONAL BROTHERHOOD OF TEAMSTERSINTERNATIONAL BROTHERHOOD OF TEAMSTERS2026 first_quarter$432K1st Quarter - Report
INTERNATIONAL BROTHERHOOD OF TEAMSTERSINTERNATIONAL BROTHERHOOD OF TEAMSTERS2025 fourth_quarter$324.5K4th Quarter - Report
INTERNATIONAL BROTHERHOOD OF TEAMSTERSINTERNATIONAL BROTHERHOOD OF TEAMSTERS2025 third_quarter$324.1K3rd Quarter - Report
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEESINTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES2026 second_quarter$135K2nd Quarter - Report
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEESINTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES2026 first_quarter$135K1st Quarter - Report
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEESINTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES2025 fourth_quarter$135K4th Quarter - Report
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEESINTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES2025 third_quarter$100K3rd Quarter - Report
DIRECTORS GUILD OF AMERICA, INC.DIRECTORS GUILD OF AMERICA, INC.2026 first_quarter$90K1st Quarter - Report
DIRECTORS GUILD OF AMERICA, INC.DIRECTORS GUILD OF AMERICA, INC.2026 second_quarter$80K2nd Quarter - Report
MOTION PICTURE ASSOCIATIONCAPITOL TAX PARTNERS, LLP2026 second_quarter$50K2nd Quarter - Report
MOTION PICTURE ASSOCIATIONCAPITOL TAX PARTNERS, LLP2026 first_quarter$50K1st Quarter - Report
MOTION PICTURE ASSOCIATIONCAPITOL TAX PARTNERS, LLP2025 fourth_quarter$50K4th Quarter - Report
MOTION PICTURE ASSOCIATIONCAPITOL TAX PARTNERS, LLP2025 third_quarter$50K3rd Quarter - Report
INDEPENDENT FILM & TELEVISION ALLIANCECOGENT STRATEGIES LLC2026 first_quarter$30K1st Quarter - Report
INDEPENDENT FILM & TELEVISION ALLIANCECOGENT STRATEGIES LLC2025 fourth_quarter$30K4th Quarter - Report
INDEPENDENT FILM & TELEVISION ALLIANCECOGENT STRATEGIES LLC2025 third_quarter$30K3rd Quarter - Report

Classification

The Congressional Research Service files H.R. 4840 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 4840’s is Taxation.

hr4840/policy-areas.txt
TaxationAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTransportation and Public WorksWater Resources Development

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 4840, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 133 (Friday, August 1, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. CHU:H.R. 4840.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, clause 1 (Taxing and Spending Clause)[Page H3674]

Source: congress.gov · legiscan.com