HITS Act
USA118th CongressHR-1259| House
| Updated: 2/28/2023
Linda T. Sánchez
Democratic Representative
California
Cosponsors (33)
Dwight Evans (Democratic)Stacey E. Plaskett (Democratic)Nikema Williams (Democratic)Adam B. Schiff (Democratic)Derek Kilmer (Democratic)Stephanie I. Bice (Republican)Jimmy Panetta (Democratic)Maxwell Frost (Democratic)Steve Cohen (Democratic)Suzan K. DelBene (Democratic)Earl L. "Buddy" Carter (Republican)Greg Casar (Democratic)Ted Lieu (Democratic)Henry C. "Hank" Johnson (Democratic)André Carson (Democratic)Daniel S. Goldman (Democratic)Jerrold Nadler (Democratic)Ron Estes (Republican)Sydney Kamlager-Dove (Democratic)Pramila Jayapal (Democratic)Eleanor Holmes Norton (Democratic)Mark E. Green (Republican)Mary Gay Scanlon (Democratic)Joe Neguse (Democratic)Mike Quigley (Democratic)Sean Casten (Democratic)James P. McGovern (Democratic)Julia Brownley (Democratic)Earl Blumenauer (Democratic)Suzanne Bonamici (Democratic)Jimmy Gomez (Democratic)Lloyd Doggett (Democratic)Judy Chu (Democratic)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Help Independent Tracks Succeed Act or the HITS Act This bill permits taxpayers to treat as currently deductible expenses the cost of qualified sound recording productions not exceeding $150,000 in a taxable year. The bill defines qualified sound recording production as certain sound recordings produced and recorded in the United States.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
HITS Act
USA118th CongressHR-1259| House
| Updated: 2/28/2023
Help Independent Tracks Succeed Act or the HITS Act This bill permits taxpayers to treat as currently deductible expenses the cost of qualified sound recording productions not exceeding $150,000 in a taxable year. The bill defines qualified sound recording production as certain sound recordings produced and recorded in the United States.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Linda T. Sánchez
Democratic Representative
California
Cosponsors (33)
Dwight Evans (Democratic)Stacey E. Plaskett (Democratic)Nikema Williams (Democratic)Adam B. Schiff (Democratic)Derek Kilmer (Democratic)Stephanie I. Bice (Republican)Jimmy Panetta (Democratic)Maxwell Frost (Democratic)Steve Cohen (Democratic)Suzan K. DelBene (Democratic)Earl L. "Buddy" Carter (Republican)Greg Casar (Democratic)Ted Lieu (Democratic)Henry C. "Hank" Johnson (Democratic)André Carson (Democratic)Daniel S. Goldman (Democratic)Jerrold Nadler (Democratic)Ron Estes (Republican)Sydney Kamlager-Dove (Democratic)Pramila Jayapal (Democratic)Eleanor Holmes Norton (Democratic)Mark E. Green (Republican)Mary Gay Scanlon (Democratic)Joe Neguse (Democratic)Mike Quigley (Democratic)Sean Casten (Democratic)James P. McGovern (Democratic)Julia Brownley (Democratic)Earl Blumenauer (Democratic)Suzanne Bonamici (Democratic)Jimmy Gomez (Democratic)Lloyd Doggett (Democratic)Judy Chu (Democratic)
Ways and Means Committee
Taxation
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted