HR 7640
116th Congress
House
Taxation
Appropriations
Broadcasting, cable, digital technologies
Disability assistance
Employment taxes
Government trust funds
Income tax credits
Marketing and advertising
News media and reporting
Small business
Social security and elderly assistance
Television and film
Wages and earnings
Local Journalism Sustainability Act
Introduced: July 16, 2020
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 16, 2020
Referred to the House Committee on Ways and Means.
Jul 16, 2020
Introduced in House
Plain-English summary
Local Journalism Sustainability Act
This bill allows individual and business taxpayers certain tax credits for the support of local newspapers and media. Specifically, individual taxpayers may claim an income tax credit up to $250 for a local newspaper subscription.
The bill also allows local newspaper employers a payroll tax credit for wages paid to an employee for service as a journalist and certain small businesses a tax credit for local newspaper and media advertising expenses.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1