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HITS Act

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

US S 194 · Senate Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
Senate
Sponsors
2
Latest action
Jan 22, 2025

What it does

The bill would allow independent music producers to expense certain sound recording costs immediately instead of capitalizing them.

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

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Jan 22, 2025

  2. Committee (Current step)

    In committee · Jan 22, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

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

Work with this bill

HITS Act | 52