# 119-hr-4840: CREATE Act

119-hr-4840, CREATE Act, is a 119th Congress bill sponsored by Rep. Chu, Judy [D-CA-28] (D-CA); status introduced; PRIA reads it as touching household money (as of 2026-09-23).

- Canonical: https://policyrisk.com/legislation/119-hr-4840
- As of: 2026-09-23
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-4840
- Congress: 119
- Title: CREATE Act
- Status: introduced
- Introduced: 2025-08-01
- Sponsor: Rep. Chu, Judy [D-CA-28] (D-CA)
- Cosponsors: 16
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-23

## Summary

**expanded tax expensing for film and TV productions**. This bill would raise the per-production expensing caps, add inflation adjustments, and extend the special tax rule for creative productions through 2030. - Independent and mid‑budget producers would see the per‑production immediate expensing cap rise to $30 million, which can improve cash flow and reduce near‑term taxable income for eligible projects. - Larger productions and multi‑party projects would qualify for a higher cap set at $40 million, letting bigger TV seasons and films deduct more production costs up front. - The bill would push the rule's termination to December 31, 2030 and add a cost‑of‑living adjustment for the caps starting after 2026; the changes apply to productions commencing in taxable years ending after December 31, 2025.

## Cosponsors (16)

- Rep. Malliotakis, Nicole [R-NY-11] (R-NY), 2025-08-01T00:00:00.000Z
- Rep. Friedman, Laura [D-CA-30] (D-CA), 2025-10-03T00:00:00.000Z
- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY), 2025-10-24T00:00:00.000Z
- Rep. Moore, Blake D. [R-UT-1] (R-UT), 2025-10-28T00:00:00.000Z
- Rep. Moran, Nathaniel [R-TX-1] (R-TX), 2025-11-19T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2025-11-21T00:00:00.000Z
- Del. Plaskett, Stacey E. [D-VI-At Large] (D-VI), 2025-11-21T00:00:00.000Z
- Rep. Pettersen, Brittany [D-CO-7] (D-CO), 2025-12-10T00:00:00.000Z
- Rep. Sewell, Terri A. [D-AL-7] (D-AL), 2025-12-18T00:00:00.000Z
- Rep. Lieu, Ted [D-CA-36] (D-CA), 2026-01-07T00:00:00.000Z
- Rep. Barr, Andy [R-KY-6] (R-KY), 2026-01-16T00:00:00.000Z
- Rep. Goldman, Daniel S. [D-NY-10] (D-NY), 2026-03-17T00:00:00.000Z
- Rep. Boyle, Brendan F. [D-PA-2] (D-PA), 2026-04-06T00:00:00.000Z
- Rep. Cisneros, Gilbert Ray [D-CA-31] (D-CA), 2026-04-29T00:00:00.000Z
- Rep. Horsford, Steven [D-NV-4] (D-NV), 2026-06-04T00:00:00.000Z
- Rep. Sánchez, Linda T. [D-CA-38] (D-CA), 2026-09-21T00:00:00.000Z

## Provisions PRIA read

- Bigger tax write-off for productions: benefit, high. If enacted, producers could expense more of their qualified production costs up front. The main per‑production cap would rise to $30,000,000. A related calculation would use an applicable amount of $40,000,000. The expensing option would be extended through December 31, 2030. For tax years beginnin…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act
- 119-hr-1993: 25th Anniversary of 9/11 Commemorative Coin Act
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-2102: Major Richard Star Act
- 119-hr-2048: Metastatic Breast Cancer Access to Care Act

## Sources
- [119-hr-4840 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/4840)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act](https://policyrisk.com/legislation/119-hr-4382)
- [119-hr-1993: 25th Anniversary of 9/11 Commemorative Coin Act](https://policyrisk.com/legislation/119-hr-1993)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-2102: Major Richard Star Act](https://policyrisk.com/legislation/119-hr-2102)
- [119-hr-2048: Metastatic Breast Cancer Access to Care Act](https://policyrisk.com/legislation/119-hr-2048)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-4840 (as of 2026-09-23).