House Bill 7306 - Saving Local News Act

Purpose and Summary

Chamber: House

Introduced date: 2024-02-09

Recent Activity

Referred to the House Committee on Ways and Means.

Alternative Names

Saving Local News Act

Saving Local News Act

To amend the Internal Revenue Code of 1986 to include publication of written news articles as a tax-exempt purpose for organizations, and for other purposes.

Associated Legislation

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Policy Areas

Taxation

Potential Impact

Sponsors and Supporters

Rep. DeSaulnier, Mark [D-CA-10]

Cosponsors and Supporters

Rep. Raskin, Jamie [D-MD-8]

Del. Norton, Eleanor Holmes [D-DC-At Large]

Rep. Jayapal, Pramila [D-WA-7]

Rep. Garcia, Robert [D-CA-42]

Committees and Subcommittees

Ways and Means Committee

Variations and Revisions

Saving Local News Act

3/6/2024, 4:45 AM

Saving Local News Act

This bill includes as a tax-exempt 501(c)(3) charitable organization purpose the publication (including electronic publication) of written news articles.

In the case of an organization tha...

Congress
118

Number
HR - 7306

Introduced on
2024-02-09

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

2/9/2024

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Saving Local News Act

This bill includes as a tax-exempt 501(c)(3) charitable organization purpose the publication (including electronic publication) of written news articles.

In the case of an organization tha...

Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to include publication of written news articles as a tax-exempt purpose for organizations, and for other purposes.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary3/5/2024

Saving Local News Act

This bill includes as a tax-exempt 501(c)(3) charitable organization purpose the publication (including electronic publication) of written news articles.

In the case of an organization tha...


Latest Action2/9/2024
Referred to the House Committee on Ways and Means.