News Groups Urge Newsom To Sign Tax Credit Bill

Several organizations, including the News/Media Alliance, have signed a letter urging California Governor Gavin Newsom to sign a
“news-neutral” employment tax credit to preserve local journalism, the News/Media Alliance reports. The 
“Community NEWS Act,” (AB-2222) is a
“news-neutral” mechanism creates refundable employment tax credits for qualifying local news organizations
, whatever their size, speech and structure as long as they hire and
retain journalists in the state. Newsom has until Sept. 30 to sign the legislation.