S 2434
117th Congress
Senate
Taxation
Broadcasting, cable, digital technologies
Employment taxes
Income tax credits
Marketing and advertising
News media and reporting
Small business
Television and film
Wages and earnings
Local Journalism Sustainability Act
Introduced: July 22, 2021
Introduced by:
Cantwell, Maria
Democratic
· Washington
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 22, 2021
Read twice and referred to the Committee on Finance.
Jul 22, 2021
Introduced in Senate
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1