Local Journalism Sustainability Act
- Last Action
- 6/16/2021
Actions
- 2021-06-16Referred to the House Committee on Ways and Means.
- 2021-06-16Introduced in House
- 2021-06-16Introduced in House
CRS Summary
As of 2021-06-16 (00)
Local Journalism Sustainability Act
This bill allows individual and business taxpayers 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 local news journalist and certain small businesses a tax credit for local newspaper and media advertising expenses.
Cosponsors (20)
- Dan Newhouse (R-WA)
- ELEANOR NORTON (D-DC)
- JOHN LARSON (D-CT)
- Jimmy Panetta (D-CA)
- Brian Fitzpatrick (R-PA)
- RICK LARSEN (D-WA)
- Seth Moulton (D-MA)
- Suzan DelBene (D-WA)
- Thomas Suozzi (D-NY)
- Jaime Herrera Beutler (R-WA)
- Ann Kuster (D-NH)
- Charles Fleischmann (R-TN)
- David McKinley (R-WV)
- JAMES MCGOVERN (D-MA)
- Raúl Grijalva (D-AZ)
- Rodney Davis (R-IL)
- Eric Swalwell (D-CA)
- Pramila Jayapal (D-WA)
- Ro Khanna (D-CA)
- Joe Courtney (D-CT)
Subjects
- 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
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.