Relating to a tax credit for expenses related to journalism; prescribing an effective date.
Summary
Creates income tax credit for subscriptions to media news outlets and donations to certain journalism organizations. Prohibits person from falsely advertising availability of tax credit. Allows Department of Revenue to impose civil penalty for violation. Applies to tax years beginning on or after January 1, 2023, and before January 1, 2029. Takes effect on 91st day following adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2023
Committee Review
Floor Vote
Governor
Introduced Jun 21, 2023
Last action Jun 25, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Jun 25, 2023
Upper · Passed
In committee upon adjournment.
upper
Jun 22, 2023
Committee
Referred to Rules.
upper
Jun 21, 2023
Introduced
Introduction and first reading. Referred to President's desk.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Cedric Hayden
RRepublican
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