Pipeline · Bill → Law
Step 1
Introduced
May 16, 2023
Step 2
Referred
May 16, 2023
Finance
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
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.
Timeline · 2 actions
May 16, 2023
Introduced in Senate
May 16, 2023
Read twice and referred to the Committee on Finance.