Bills · HR 1753
IN COMMITTEE· 119TH CONGRESS
House BillHR 1753Taxation
Community News and Small Business Support Act
INTRO FEB 27· LAST ACTION FEB 27
READING
11MIN
COSPONSORS
9BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it addresses two major challenges: the ongoing decline of local news sources and the struggle of small businesses to afford effective advertising. Many communities have seen local newspapers close or shrink, leading to less coverage of local government, schools, and events. By making local advertising more affordable for small businesses, the bill aims to provide a financial boost to struggling local media outlets, potentially helping them survive and continue providing essential community information.
If this bill becomes law, voters might see more robust local news coverage and more advertising from small, local businesses. If it doesn't pass, the current trends of declining local journalism and advertising challenges for small businesses are likely to continue, potentially leading to less informed communities and fewer thriving local businesses.
KEY PROVISIONS
5AI-extractedPROVISION 01
Establishes a tax credit for eligible small businesses that advertise with local media outlets.
This provision directly reduces advertising costs for small businesses, making local media a more attractive option for their marketing budgets.
PROVISION 02
Defines "local media" and "local newspaper" with specific criteria, including employee limits and content focus.
These definitions ensure that the tax credits are directed towards genuinely local and independent news organizations rather than larger national chains or non-news entities.
PROVISION 03
Creates a payroll tax credit for employers who pay the wages of local news journalists.
This directly reduces the labor costs for eligible local news organizations, helping them to maintain or expand their reporting staff.
PROVISION 04
Sets limits on the amount of advertising credit a business can claim and on the number of journalists and wages that qualify for the payroll credit.
These limitations prevent the credits from becoming overly expensive or being disproportionately used by a few entities, controlling the overall cost of the program.
PROVISION 05
Includes a sunset clause, terminating the advertising credit after five years.
This provision requires a future review and re-evaluation of the credit's effectiveness and necessity.
SPONSORSHIP
1 + 9
R· New York
YRS IN OFFICE
9
BILLS LED
80
COSPONSOR BREAKDOWNBIPARTISAN · 67%
DEM 6 REP 3 IND 0
ACTION TIMELINE
2 EVENTSFEB 27
Introduced in House
FEB 27
Referred to the House Committee on Ways and Means.
BILL INFO
TypeHouse Bill
NumberHR 1753
Congress119th
StatusIn Committee
IntroducedFeb 27, 2025
Last actionFeb 27, 2025
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED FEB 27, 2025
House BillHR 1753Taxation
Community News and Small Business Support Act
INTRODUCED FEB 27, 2025· LAST ACTION FEB 27, 2025
PASSAGE CHANCES
—%
READING
11 min
COSPONSORS
9
COMPLEXITY
Moderate
