Saving Local News Act of 2019
United States116th CongressHR-3126House of Representatives
Updated: Jun 5, 2019
Summary
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 incom e does not include any amount attributable to payments for advertisements in news publications.
Bill texts
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
House of Representatives
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