Expanding Broadcast Ownership Opportunities Act of 2019
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in house (Jul 25, 2019)
Expanding Broadcast Ownership Opportunities Act of 2019
This bill requires the Federal Communications Commission (FCC) to increase diversity of ownership in the broadcasting industry.
Specifically, the bill allows companies engaged in the qualifying sale of a broadcast station to receive favorable tax treatment by electing nonrecognition of the gain or loss resulting from the sale. To qualify for this treatment, the sale must result in or preserve ownership of a broadcast station by socially disadvantaged individuals.
The bill also requires the FCC to foster investment in broadcast stations owned by socially disadvantaged individuals.
What just happenedSep 9, 2020
Ordered to be Reported (Amended) by Voice Vote.
Who’s behind it
- Introduced in HouseJul 25, 2019
- Sep 9, 2020Committee
Ordered to be Reported (Amended) by Voice Vote.
Energy and Commerce Committee - Sep 9, 2020Committee
Committee Consideration and Mark-up Session Held.
Energy and Commerce Committee - Mar 10, 2020Committee
Forwarded by Subcommittee to Full Committee by Voice Vote .
Communications and Technology Subcommittee - Mar 10, 2020Committee
Subcommittee Consideration and Mark-up Session Held.
Communications and Technology Subcommittee - Jul 25, 2019Committee
Referred to the Subcommittee on Communications and Technology.
Communications and Technology Subcommittee - Jul 25, 2019IntroReferralH11100
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ways and Means Committee - Jul 25, 2019IntroReferralH11100
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Energy and Commerce Committee - Jul 25, 2019IntroReferralIntro-H
Introduced in House
- Jul 25, 2019IntroReferral1000
Introduced in House