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HR 7886 116th Congress House Taxation Business expenses Income tax deductions Music

HITS Act

Introduced: September 4, 2020 Introduced by: Sánchez, Linda T. Democratic · California See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 30, 2020
Referred to the Subcommittee on Select Revenue Measures.
Jul 30, 2020
Referred to the House Committee on Ways and Means.
Jul 30, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

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.

What's happening now July 30, 2020

Referred to the Subcommittee on Select Revenue Measures.

 Related & companion bills 1
  • S 4955 Identical bill HITS Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 33
All 33 Democratic 14 Republican 7
Hurd, Will
· Dec 16, 2020
Murphy, Stephanie
· Dec 16, 2020
 R
Biggs, Andy
Arizona · Dec 2, 2020
Flores, Bill
· Dec 2, 2020
Gohmert, Louie
· Nov 5, 2020
 D
Cohen, Steve
Tennessee · Nov 2, 2020
 D
Nadler, Jerrold
New York · Nov 2, 2020
 D
Panetta, Jimmy
California · Nov 2, 2020
 D
DelBene, Suzan K.
Washington · Oct 9, 2020
 R
LaHood, Darin
Illinois · Oct 9, 2020
ROYBAL-ALLARD, LUCILLE
· Oct 9, 2020
 R
Carter, Earl L. "Buddy"
Georgia · Sep 30, 2020
 R
Arrington, Jodey C.
Texas · Sep 11, 2020
 D
Case, Ed
Hawaii · Sep 11, 2020
 D
Clarke, Yvette D.
New York · Sep 11, 2020
COOPER, JAMES
· Sep 11, 2020
 D
Evans, Dwight
Pennsylvania · Sep 11, 2020
HASTINGS, ALCEE
· Sep 11, 2020
 D
Norton, Eleanor Holmes
District of Columbia · Sep 11, 2020
 D
Titus, Dina
Nevada · Sep 11, 2020
Brooks, Mo
· Sep 4, 2020
 D
Chu, Judy
California · Sep 4, 2020
Katko, John
· Sep 4, 2020
 D
Lieu, Ted
California · Sep 4, 2020
Long, Billy
· Sep 4, 2020
 D
Soto, Darren
Florida · Sep 4, 2020
 R
Fitzpatrick, Brian K.
Pennsylvania · Aug 14, 2020
Holding, George
· Aug 14, 2020
 R
McCaul, Michael T.
Texas · Aug 14, 2020
Roby, Martha
· Aug 14, 2020
 D
Schiff, Adam B.
California · Aug 14, 2020
 D
Sherman, Brad
California · Aug 14, 2020
 R
Estes, Ron
Kansas · Jul 30, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7886: HITS Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7886/
MLA
"H.R. 7886: HITS Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7886/.
Bluebook (legal)
H.R. 7886, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7886/.
Markdown link
[H.R. 7886: HITS Act](https://openamerica.io/bill/116-HR-7886/)
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