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United States · Bill · HR

H.R. 7640 (116th)

Local Journalism Sustainability Act

referredUnited States· United States Congress· EN

Introduced

16 July 2020

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

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.

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Documents

3 official files

Introduced in House (text)

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Sources

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