S 2434 · 117th Congress · Taxation

Local Journalism Sustainability Act

Introduced 2021-07-22· Sponsored by Sen. Cantwell, Maria [D-WA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2021-07-22)

Plain Language Summary

[AI summary unavailable — showing source text] 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