S 2123
Broadcast VOICES Act
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Broadcast VOICES Act aims to increase diversity of ownership in the broadcasting industry by establishing a tax certificate program for sales of broadcast stations that benefit socially disadvantaged individuals. It directs the Federal Communications Commission (FCC) to report on diversity data, create a new tax certificate program, and examine the relationship between ownership diversity and viewpoint diversity. The bill also includes provisions to update tax laws to recognize sales of broadcast stations as involuntary conversions for tax purposes and provides a credit for contributions supporting the training of socially disadvantaged individuals in broadcast station management.
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