America has long been the world’s leader in film and television. But as more and more foreign films are being produced, that leadership is under serious threat.

With Section 181 — the only federal tax incentive designed to keep production in the U.S. — currently set to expire at the end of this year, we risk losing more jobs and projects to foreign markets whose governments offer far more competitive incentives.

When productions move overseas, American workers, small businesses and communities from New York to California pay the price. We are leading a bipartisan effort to extend and strengthen Section 181 so that our film industry survives. This bipartisan legislation will renew this deduction for five years and will also double the current deduction cap, giving producers the certainty

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