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HR 7306 118th Congress House

Saving Local News Act

Official title: To amend the Internal Revenue Code of 1986 to include publication of written news articles as a tax-exempt purpose for organizations, and for other purposes.

Introduced: February 9, 2024 Introduced by: DeSaulnier, Mark Democratic · California See on congress.gov
Taxation
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 9, 2024
Referred to the House Committee on Ways and Means.
Feb 9, 2024
Introduced in House
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 Latest action February 9, 2024

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Saving Local News Act

This bill includes as a tax-exempt 501(c)(3) charitable organization purpose the publication (including electronic publication) of written news articles.

In the case of an organization that is tax-exempt due to the publication of written news articles, the term unrelated business taxable income does not include any amount attributable to payments for advertisements in news publications.

 Related & companion bills 1
  • HR 6068 Reintroduction of Saving Local News Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 8
All 8 Democratic 8
D
Takano, Mark
California · Aug 16, 2024
 D
Ramirez, Delia C.
Illinois · Aug 6, 2024
 D
Lieu, Ted
California · Jul 23, 2024
 D
Matsui, Doris O.
California · Jun 27, 2024
 D
Garcia, Robert
California · Feb 13, 2024
 D
Jayapal, Pramila
Washington · Feb 13, 2024
 D
Norton, Eleanor Holmes
District of Columbia · Feb 9, 2024
 D
Raskin, Jamie
Maryland · Feb 9, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7306: Saving Local News Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-7306/
MLA
"H.R. 7306: Saving Local News Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-7306/.
Bluebook (legal)
H.R. 7306, 118th Cong. (2026), https://openamerica.io/bill/118-HR-7306/.
Markdown link
[H.R. 7306: Saving Local News Act](https://openamerica.io/bill/118-HR-7306/)
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