H.R. 3126 · 116th Congress
Saving Local News Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DeSaulnierSponsor1 cosponsor · 1 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill includes as a tax-exempt 501(c)(3) nonprofit purpose the publication (including electronic publication) of written news articles. Currently, a tax-exempt nonprofit purpose includes religious, charitable, scientific, and other purposes, as specified.
What it does: CRS summary · Introduced in House · Jun 5, 2019
Saving Local News Act of 2019
This bill includes as a tax-exempt 501(c)(3) nonprofit purpose the publication (including electronic publication) of written news articles. Currently, a tax-exempt nonprofit purpose includes religious, charitable, scientific, and other purposes, as specified.
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 nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Saving Local News Act of 2019
Latest action (Jun 5, 2019): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jun 5, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.