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United States · Bill · S

S. 752 (117th)

HITS Act

referredUnited States· United States Congress· EN

Introduced

16 March 2021

Last action

Status

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1571-1572)

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

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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Documents

3 official files

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Sources

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