S 2434 · 117th Congress · Taxation
Local Journalism Sustainability Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2021-07-22)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (18)
18 Democrats