New legislation to support local newsrooms and local advertisers has been introduced in the 118th Congress. The Community News & Small Business Support Act was introduced by Congresswoman Claudia Tenney (NY-24) and Congresswoman Suzan DelBene (WA-1), both members of the Ways and Means Committee.
The bipartisan legislation supports two institutions critical to sustaining hometown communities: local news organizations and small businesses. Much like the Local Journalism Sustainability Act, which was introduced in the 117th Congress, the Tenney-DelBene Act makes refundable tax credits available to local newspapers of up to $25,000 per journalist in the first year and up to $15,000 per journalist in the next four years.
The Act also makes non-refundable tax credits available to local businesses that advertise with local newspapers of up to $5,000 in the first year and $2,500 in the next four years.
America’s Newspapers, along with the New England Newspaper & Press Association, and other leading media organizations, has led the call for support of the local news industry through legislative efforts.
Learn more about the Community News & Small Business Support Act