SCREEN Act

Sponsor: Claudia Tenney (Republican-NY)July 23, 2026

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the House Committee on Ways and Means.

Lets movie theater owners get federal tax credits for upgrading their cinemas.

Movie theater owners would get a new federal tax credit for upgrading their cinemas. They could claim a 30% credit on certain improvement costs, up to a limit based on the number of screens. This aims to help theaters invest in renovations and new equipment.

What Would Change

Currently, there is no specific federal tax credit to help movie theaters pay for upgrades or renovations. If this bill becomes law, movie theater owners could get a new tax credit. They would receive 30 percent back on money spent on certain improvements, up to a maximum of $250,000, $375,000, or $500,000 per theater, depending on its size.

Key Provisions

Creates a new federal tax credit for investments in movie theaters.
Lets movie theater owners claim a credit equal to 30 percent of their qualified revitalization costs.
Caps the total credit a single movie theater can receive based on its number of screens: $250,000 for fewer than 4 screens, $375,000 for 4 to 9 screens, and $500,000 for 10 or more screens.
Defines eligible spending as money used for new tangible property, like equipment or building upgrades, in theaters that have been open for at least five years.
Defines eligible theaters as those in the U.S. that primarily show rated movies to the public, including drive-ins and screening rooms.

View on Congress.gov

HR 9938 · 119th Congress · July 23, 2026 · AI Summary by gemini-2.5-flash · 8/10

SCREEN Act

What Would Change

Key Provisions

Lobbying Activity