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S. 2434

Local Journalism Sustainability Act

Local Journalism Sustainability Act

This bill allows individual taxpayers a tax credit up to $250 in any taxable year for subscriptions to one or more local newspapers for the taxpayer's personal use. It also allows a local news journalist employer a payroll credit for wages paid to local news journalists.

The bill allows certain small businesses a tax credit for amounts paid for advertising in a local newspaper or through a broadcast of a radio or television station serving a local community.

Read twice and referred to the Committee on Finance.

Sen. Cantwell, Maria [D-WA](D-WA)Sponsor
18 cosponsors18 D
18cosponsors1committees2actions1related bills8subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Local Journalism Sustainability Act — Informed