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Tax Credits for Local Journalism and Media Support

This act introduces new tax credits to support local newspapers and other local media. Individuals can receive a credit for local newspaper subscriptions, while small businesses and local media publishers can benefit from credits related to employing journalists and advertising. The goal is to bolster independent local journalism.
Key points
You can get a tax credit for local newspaper subscriptions, up to $250 per year.
Local newspapers and media can receive tax credits for employing local news journalists.
Small businesses can receive tax credits for advertising in local newspapers and media.
Support measures are set to last for 5 years from the act's enactment.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_3940
Sponsor: Rep. Kirkpatrick, Ann [D-AZ-2]
Process start date: 2021-06-16
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Local Journalism Sustainability Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_3940.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-06-16.

What are the main provisions?

Key points include:

  • You can get a tax credit for local newspaper subscriptions, up to $250 per year.
  • Local newspapers and media can receive tax credits for employing local news journalists.
  • Small businesses can receive tax credits for advertising in local newspapers and media.
  • Support measures are set to last for 5 years from the act's enactment.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Kirkpatrick, Ann [D-AZ-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Taxes Media and Culture Economy