HR 3940
Local Journalism Sustainability Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Local Journalism Sustainability Act aims to support local newspapers and media outlets by providing tax incentives. It allows individual taxpayers to claim a credit of up to $250 for subscribing to local newspapers, and local newspapers can receive a payroll tax credit for employing local news journalists. Additionally, small businesses can receive a tax credit for advertising expenses in local media. These provisions are designed to help sustain the financial viability of local news organizations, which are considered vital to communities.
Sponsors
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Primary sponsor
Ann Kirkpatrick
Cosponsors
Abigail Davis Spanberger
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