Saving Local News Act of 2019
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jun 5, 2019)
Saving Local News Act of 2019
This bill includes as a tax-exempt 501(c)(3) nonprofit purpose the publication (including electronic publication) of written news articles. Currently, a tax-exempt nonprofit purpose includes religious, charitable, scientific, and other purposes, as specified.
In the case of an organization that is tax-exempt due to the publication of written news articles, the term unrelated business taxable income does not include any amount attributable to payments for advertisements in news publications.
What just happenedJun 5, 2019
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseJun 5, 2019
- Jun 5, 2019IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jun 5, 2019IntroReferralIntro-H
Introduced in House
- Jun 5, 2019IntroReferral1000
Introduced in House