Qualified film and television and live theatrical productions (A) In general Clause (i) of section 168(k)(2)(A), as amended by section 13204, is amended— (i) in subclause (II), by striking or , (ii) in subclause (III), by adding or after the comma, and (iii) by adding at the end the following: (IV) which is a qualified film or television production (as defined in subsection (d) of section 181) for which a deduction would have been allowable under section 181 without regard to subsections (a)(2) and (g) of such section or this subsection, or (V) which is a qualified live theatrical production (as defined in subsection (e) of section 181) for which a deduction would have been allowable under section 181 without regard to subsections (a)(2) and (g) of such section or this subsection, . (B) Production placed in service Paragraph (2) of section 168(k) is amended by adding at the end the following: (H) Production placed in service For purposes of subparagraph (A)— (i) a qualified film or television production shall be considered to be placed in service at the time of initial release or broadcast, and (ii) a qualified live theatrical production shall be considered to be placed in service at the time of the initial live staged performance. . (7) Conforming amendments (A) Paragraph (5) of section 168(k) is amended by striking subparagraph (F). (B) Clause (ii) of section 460(c)(6)(B) is amended by striking January 1, 2020 (January 1, 2021 and inserting January 1, 2023 (January 1, 2024 . (b) Effective dates (1) In general Except as provided in paragraph (2), the amendments made by subsection (a) shall apply to property placed in service after September 27, 2017, in taxable years ending after such date. (2) Certain plants The amendments made by paragraphs (1)(B) and (2)(C) of subsection (a) shall apply to specified plants planted or grafted after September 27, 2017, in taxable years ending after such date. 13202. Modifications to depreciation limitations on luxury automobiles and personal use property (a) Luxury automobiles