Legislation - HB0891

Allowing certain local newsrooms to claim a credit against the State income tax for wages paid during the taxable year to each full-time local newsroom employees, subject to certain limitations; prohibiting a local newsroom from claiming the tax credit for more than 5 taxable years for any individual local newsroom employee; and applying the Act to all taxable years beginning after December 31, 2024.

Committees

Original:: Ways and Means

Details

Bill File Type: Regular

Effective Date(s): July 1, 2025

History

Legislation History
Chamber House Calendar Date 1/30/2025 Legislative Date 1/30/2025 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Local Newsroom Tax Credit Proceedings
Chamber House Calendar Date 1/31/2025 Legislative Date 1/31/2025 Action Hearing 2/13 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/30/2025	1/30/2025	First Reading Ways and Means
			Text - First - Income Tax - Local Newsroom Tax Credit
House	1/31/2025	1/31/2025	Hearing 2/13 at 1:00 p.m.

File Code

Subjects

Statutes