Independent Programmers Tax Incentive Act

Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Bill 119 HR 2230, also known as the "Independent Programmer Tax Credit Act," aims to amend the Internal Revenue Code of 1986 to offer tax credits to multichannel video programming distributors (MVPDs) that carry independent programmers. The bill is designed to support and promote diversity in the media industry by incentivizing MVPDs to include content from independent programmers in their programming lineup.

Under this proposed legislation, MVPDs that carry independent programmers would be eligible for tax credits. These tax credits would serve as a financial incentive for MVPDs to include a variety of programming from independent sources, rather than relying solely on content from larger, more established networks.

The goal of the bill is to level the playing field for independent programmers and provide them with greater opportunities to reach a wider audience. By offering tax credits to MVPDs that support independent programming, the bill seeks to foster competition, innovation, and diversity in the media landscape. Overall, Bill 119 HR 2230 aims to promote a more inclusive and diverse media industry by encouraging MVPDs to carry content from independent programmers. This legislation could have a positive impact on the media landscape by providing independent voices with greater visibility and opportunities for success.