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Tax Incentives for Local Media and Journalism Support

This new act introduces tax credits for individuals subscribing to local newspapers and for small businesses advertising in local media. Its aim is to support local journalism and access to information, as well as to help small businesses with promotion. The act also provides tax relief for local newspaper publishers employing journalists.
Key points
You can get a tax credit for local newspaper subscriptions, up to 80% of costs in the first year and 50% in subsequent years, with a maximum of $250 annually.
Small businesses (under 50 employees) can receive a tax credit for advertising in local newspapers, radio, or television, up to 80% of costs in the first year and 50% in subsequent years, with limits of $5,000 (first year) and $2,500 (subsequent years).
Local newspaper publishers employing journalists may qualify for a payroll tax credit, which could help sustain jobs in local media.
The act is set to be in effect for 5 years from its enactment date.
article Official text account_balance Process page
Introduced
Citizen Poll
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Additional Information
Print number: 119_HR_4514
Sponsor: Rep. Mannion, John W. [D-NY-22]
Process start date: 2025-07-17
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
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 119_HR_4514.

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 2025-07-17.

What are the main provisions?

Key points include:

  • You can get a tax credit for local newspaper subscriptions, up to 80% of costs in the first year and 50% in subsequent years, with a maximum of $250 annually.
  • Small businesses (under 50 employees) can receive a tax credit for advertising in local newspapers, radio, or television, up to 80% of costs in the first year and 50% in subsequent years, with limits of $5,000 (first year) and $2,500 (subsequent years).
  • Local newspaper publishers employing journalists may qualify for a payroll tax credit, which could help sustain jobs in local media.
  • The act is set to be in effect for 5 years from its enactment date.
What is the specific legal status?

The current status is Introduced.

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. Mannion, John W. [D-NY-22].

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 2025-12-23.

CATEGORIES

Taxes Media and Culture Economy