MPTERA Bill Seeks 20% Federal Credit to Reverse Hollywood Exodus
Bipartisan lawmakers introduced the Motion Picture, Television, and Entertainment Revitalization Act (MPTERA) on September 24, 2026, proposing a 20% federal tax credit for film and TV production to counter global subsidies. The bill, backed by President Trump and unions like IATSE, aims to restore jobs and competitiveness, with passage targeted for the lame-duck session.