On July 22, Senator Maria Cantwell (D-Wash.), Sen. Mark Kelly (D-Ariz.) and Sen. Ron Wyden (D-Ore.) introduced a companion bill in the U.S. Senate to H.R. 3940, the Local Journalism Sustainability Act.
The bill seeks to help local newspapers sustain financial viability through a series of three tax credits.
Both the Senate and House versions of the Local Journalism Sustainability Act offer a series of three tax credits aimed at sustaining and providing a pathway to viability for the local journalism industry in the years to come.
America's Newspapers, which supports passage of this legislation, has more info here.
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