Community News and Small Business Support Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1753 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1753 To provide tax incentives that support local media. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 27, 2025 Ms. Tenney (for herself and Ms. DelBene) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To provide tax incentives that support local media. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Community News and Small Business Support Act''. SEC. 2. CREDIT FOR ADVERTISING IN LOCAL MEDIA. (a) In General.--Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: ``SEC. 45BB. ADVERTISING IN LOCAL MEDIA. ``(a) In General.--For purposes of section 38, in the case of any eligible small business, the local media advertising credit determi…