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Tax Exempt Status for Local News Organizations

This bill aims to support local news organizations by granting them tax-exempt status. This means organizations publishing written news can operate similarly to charities, and their advertising income will not be taxed as unrelated business income. The process for obtaining this status is intended to be expedited.
Key points
Organizations publishing written news (including online) can qualify for tax-exempt status, similar to charities.
Advertising income from news publications by these organizations will not be taxed.
The application process for tax-exempt status for these organizations is intended to be approved or denied within 12 months.
The changes will apply to tax years beginning after the law is enacted.
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Additional Information
Print number: 117_HR_6068
Sponsor: Rep. DeSaulnier, Mark [D-CA-11]
Process start date: 2021-11-23
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Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Saving Local News Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6068.

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 2021-11-23.

What are the main provisions?

Key points include:

  • Organizations publishing written news (including online) can qualify for tax-exempt status, similar to charities.
  • Advertising income from news publications by these organizations will not be taxed.
  • The application process for tax-exempt status for these organizations is intended to be approved or denied within 12 months.
  • The changes will apply to tax years beginning after the law is enacted.
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. DeSaulnier, Mark [D-CA-11].

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