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$430 million for Hollywood through special expensing rules to encourage TV and film production in the United States. Producers can expense up to $15 million of costs for their projects.
$331 million for railroads by allowing short-line and regional operators to claim a tax credit up to 50 percent of the cost to maintain tracks that they own or lease.
$222 million for Puerto Rico and the Virgin Islands through returned excise taxes collected by the federal government on rum produced in the islands and imported to the mainland.
$70 million for NASCAR by extending a 7-year cost recovery period for certain motorsports racing track facilities.
$59 million for algae growers through tax credits to encourage production of cellulosic biofuel at up to $1.01 per gallon.
$4 million for electric motorcycle makers by expanding an existing green-energy tax credit for buyers of plug-in vehicles to include electric motorbikes.
‘Fiscal Cliff’ Deal Also Doles Out Millions for Hollywood, Railroads, Rum Producers - ABC News
$331 million for railroads by allowing short-line and regional operators to claim a tax credit up to 50 percent of the cost to maintain tracks that they own or lease.
$222 million for Puerto Rico and the Virgin Islands through returned excise taxes collected by the federal government on rum produced in the islands and imported to the mainland.
$70 million for NASCAR by extending a 7-year cost recovery period for certain motorsports racing track facilities.
$59 million for algae growers through tax credits to encourage production of cellulosic biofuel at up to $1.01 per gallon.
$4 million for electric motorcycle makers by expanding an existing green-energy tax credit for buyers of plug-in vehicles to include electric motorbikes.
‘Fiscal Cliff’ Deal Also Doles Out Millions for Hollywood, Railroads, Rum Producers - ABC News