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Promoting Diversity in Broadcast Station Ownership

This act aims to increase the number of radio and television stations owned by women and minorities. It introduces a tax certificate program for transactions that promote this diversity, potentially influencing who controls media and what content is broadcast. Citizens may experience a wider range of perspectives in local media.
Key points
Establishes a tax certificate program for sales of broadcast stations that result in or preserve ownership by socially disadvantaged individuals (women and minorities), encouraging more diverse ownership.
The Federal Communications Commission (FCC) will regularly report to Congress on the number of minority- and women-owned stations and recommend ways to increase this number.
The act requires the FCC to examine whether diversity in ownership leads to a greater diversity of viewpoints expressed in broadcast content.
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Additional Information
Print number: 117_HR_4871
Sponsor: Rep. Butterfield, G. K. [D-NC-1]
Process start date: 2021-07-30