Congressman Noah Mason of Illinois talks about the Mason Bill that he authored, which would save 9,000 theaters from clo

The Mason Bill aims to exempt motion picture theaters from a 20% admission tax, providing financial relief and preventing closures. Passed by Congress, it awaits the President's signature. The bill is expected to save 5,000 theaters and potentially increase Treasury revenue. The legislation is praised for its foresight and is seen as a step towards economic recovery.

What is the primary purpose of the Mason Bill?

• To increase taxes on motion picture theaters

• To provide subsidies to new theater constructions

• To exempt motion picture theaters from a 20% admission tax

• To regulate the content of motion pictures

How many theaters are expected to be saved by the Mason Bill in the next 12 months?

• 10,000 theaters

• 5,000 theaters

• 3,000 theaters

• 1,000 theaters

What is the anticipated effect of the Mason Bill on Treasury revenue?

• It will lead to a budget deficit

• It will increase Treasury revenue

• It will have no effect on Treasury revenue

• It will decrease Treasury revenue

What does the author believe about the Mason Bill's impact on the American economy?

• It will only benefit large cities

• It will harm the economy

• It is the first step toward economic recovery

• It will have no impact on the economy

Who does the author commend for their role in the passage of the Mason Bill?

• The President

• The Treasury Department

• The House and Senate leadership

• The motion picture industry