HITS Act

In committee: it can still change before the session ends.

US HR 761 · House Bill · 119th Congress

Stage: In committee
Started in: House
Sponsors: 8
Latest action: Jan 28, 2025

What it does

The HITS Act would allow independent sound recording producers to expense certain qualified production costs immediately rather than capitalizing them over time.

No official summary is available here. This one was written by AI from the bill’s text.

Read the full text Read it on the official site

Where it stands

Introduced (Done)
Jan 28, 2025
Committee (Current step)
In committee · Jan 28, 2025
Floor (Not started)
Law (Not started)

What moved

Who is involved

Where it goes next

While a bill can still move, the questions are about people and money.

Who sits in the seats that vote on itA roster is not a certified tally, and a filing is not a place on the ballot.
Who funds the people decidingA receipt is not backing. A contribution does not establish a policy motive.
Who is paid to be heardNaming an institution is the filer's account, not a record of any meeting.

What it does

Where it stands

What moved

Who is involved

Sponsors

Where it goes next

Work with this bill