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Tax Credits for Independent TV Programmers

This act introduces tax credits for TV and internet companies that carry programs from independent creators. The goal is to support diverse content for viewers and promote smaller, independent producers. This could lead to a wider variety of programs available to citizens.
Key points
TV and internet companies can get tax credits for showing programs from independent creators.
The credit aims to encourage new and diverse content, potentially increasing program choices for viewers.
Independent programmers include companies owned by women, minorities, or socially disadvantaged individuals, not large corporations.
The Federal Communications Commission will regularly report to Congress on the impact of these changes on the programming market.
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Additional Information
Print number: 118_HR_6072
Sponsor: Rep. Bilirakis, Gus M. [R-FL-12]
Process start date: 2023-10-26