Politiparty
Politiparty

118th Congress Taxation

H.R. 7306: Saving Local News Act

Introduced

  1. Introduced (completed)Feb 9, 2024
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Feb 9, 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 that is tax-exempt due to the publication of written news articles, the term unrelated business taxable income does not include any amount attributable to payments for advertisements in news publications.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

8

Who scored on this bill

0 points earned

No member has earned points from it yet.

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History

  1. Feb 9, 2024Introduced in the House by Mark DeSaulnier.
Show the full action history (2 actions)
  1. Feb 9, 2024Introduced in House
  2. Feb 9, 2024Referred to the House Committee on Ways and Means.