US HB1945 | 2021-2022 | 117th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 34-14)
Status: Introduced on March 16 2021 - 25% progression, died in committee
Action: 2021-03-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

To amend the Internal Revenue Code of 1986 to provide for an election to expense certain qualified sound recording costs otherwise chargeable to capital account.

Tracking Information

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Title

HITS Act Help Independent Tracks Succeed Act

Sponsors


History

DateChamberAction
2021-03-16HouseReferred to the House Committee on Ways and Means.
2021-03-16HouseIntroduced in House

Same As/Similar To

SB752 (Same As) 2021-03-16 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1571-1572)
HB5376 (Related) 2022-08-16 - Became Public Law No: 117-169.
HR774 (Similar To) 2021-11-06 - Motion to reconsider laid on the table Agreed to without objection.

Subjects


US Congress State Sources


Bill Comments

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