Broadcast VOICES Act

This bill creates a tax incentive program to increase ownership of broadcast stations by women and minorities (defined as "socially disadvantaged individuals"). It establishes an FCC certificate program for qualifying sales of broadcast stations that result in ownership by these groups, requiring at least 50% ownership and 2-year minimum holding period. The bill provides tax benefits including nonrecognition of gain or loss for qualifying transactions and a tax credit for contributions to organizations training socially disadvantaged individuals in broadcast management. The FCC must report to Congress biennially on progress toward increasing diversity in broadcast ownership, based on data collected through Form 323.