Rep. Estes and Rep. Sanchez Introduce the HITS Act
WASHINGTON – Today Congressman Ron Estes (R-Kansas) and Congresswoman Linda Sanchez (D-California) introduced the Help Independent Tracks Succeed (HITS) Act – legislation that allows qualified sound recording producers to deduct 100% of production expenses in the year they are incurred. This would provide parity with film, television and live theatrical productions that already benefit…