Ask AI
H.R. 3940

Local Journalism Sustainability Act

Local Journalism Sustainability Act

This bill allows individual and business taxpayers tax credits for the support of local newspapers and media. Specifically, individual taxpayers may claim an income tax credit up to $250 for a local newspaper subscription.

The bill also allows local newspaper employers a payroll tax credit for wages paid to an employee for service as a local news journalist and certain small businesses a tax credit for local newspaper and media advertising expenses.

Referred to the House Committee on Ways and Means.

Rep. Kirkpatrick, Ann [D-AZ-2](D-AZ)Sponsor
77 cosponsors62 D15 R
77cosponsors1committees3actions1related bills12subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Local Journalism Sustainability Act — Informed