Congress MIGHT Do Something to Help Small Media Outlets AND Small Businesses
Originally Published in the Lowell Ledger 10.4.23 HR. 4756 - A Bill To Provide Tax Incentives That Support Local Media In July of this year Republican Representative Claudia Tenney (NY 22) introduced a bill to provide tax incentives that will support local newspapers with a great one-two punch. The bill was co-sponsored by Democrat Suzan DelBene (WA 1). HR 4756 goes by the name Community News and Small Business Support Act. Since that time the bill is gaining some traction with support from eight more Representatives, four from each party. The bill is designed to support all kinds of local media including local papers, digital media outlets, radio stations and even TV stations. For the purpose of this article, we will only be considering the importance and impact of small town newspapers. HR 4756 would be a great help to small media outlets and small business at the same time. Before we look into the great possibilities of HR 4756, it is imperative to examine the current situati...