Bill118th CongressFiled Feb 9, 2024Taxation
H.R. 7306
Saving Local News Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Feb 9, 2024)
Saving Local News Act
This bill includes as a tax-exempt 501(c)(3) charitable organization purpose the publication (including electronic publication) of written news articles.
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 happenedFeb 9, 2024
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. DeSaulnier, Mark [D-CA-10](D-CA)Sponsor
8 cosponsors8 D
8cosponsors1committees3actions
- Introduced in HouseFeb 9, 2024
- Feb 9, 2024IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Feb 9, 2024IntroReferralIntro-H
Introduced in House
- Feb 9, 2024IntroReferral1000
Introduced in House