Bill · H.R. 9938· House(119-HR-9938)
SCREEN Act
- Introduced
- 7/23/2026
- Last activity
- 7/23/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Claudia Tenney
- Cosponsors
- - 2 - 1
- Introduced
- In Committee
What this bill would do
This bill, known as the "SCREEN Act," proposes to amend the Internal Revenue Code of 1986. It seeks to create a new tax credit called the "qualified movie theater revitalization credit." This credit is designed to incentivize investments in movie theaters, screening rooms, or drive-in theaters within the United States. The credit is based on expenditures made for certain tangible property used in these venues. The credit amount is tied to the number of screens or similar video displays available at the theater. These provisions are intended to apply to amounts paid or incurred after the Act is enacted, with a termination date of December 31, 2030.
Yes· 3 of 7
Would business owners be better off under this?+6
The bill creates a significant tax credit for owners of movie theaters to revitalize their venues.
Does this cut taxes for small businesses?+5
The bill provides a 30 percent tax credit for expenditures related to movie theater revitalization, benefiting business owners in this sector.
Does this make it easier to run a small business?+5
The credit specifically targets theater owners for capital expenditures, providing significant relief for smaller venues.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Tax Credits for Movie Theater Owners: Taxpayers who own or operate qualified movie theaters can receive a credit equal to 30 percent of their qualified movie theater revitalization expenditures (Section 2(a)(b)(1)).
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Incentive for Theater Revitalization: The bill provides financial incentives for the use of tangible property in theaters that have been in service for the 5-year period preceding the new use (Section 2(a)(c)(1)).
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Support for Various Venue Types: The credit applies to a variety of exhibition venues including movie theaters, screening rooms, and drive-in theaters (Section 2(a)(c)(2)).
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Credit Transferability: The law allows for the transferability of the qualified movie theater revitalization credit (Section 2(b)).
Potential Negative Impacts for People
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Credit Limits Based on Screen Count: The amount of the credit a theater can receive is capped at specific levels based on the number of screens or video displays they have, which may limit the benefit for larger venues (Section s 2(a)(b)(2)).
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Expiration of Benefits: The credit is not permanent and will not be allowed for any amounts paid or incurred after December 31, 2030 (Section 2(a)(c)(5)).
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Reduced Basis for Property: If a credit is allowed, the increase in the basis of the property resulting from the expenditure is reduced by the amount of the credit (Section 2(a)(d)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+5Reduces Small Business Taxes+5Increases Job Creation+3Improves Economic Growth+2
- Demographic And Interest Groups
- Good For Business Owners+6Good For Rural Residents+1Good For Urban Residents+1
- 9/8/2026
- 1 Cosponsor added.
- 7/23/2026
- Referred to the House Committee on Ways and Means.
- 2 Cosponsors added.
- Introduced in House
Mike CareyRepublican · Ohio
David KustoffRepublican · Tennessee
Thomas SuozziDemocrat · New York