AN ACT REQUIRING DISCLOSURE OF CERTAIN SALES OF LOCAL NEWS ORGANIZATIONS.

HB 6418 requires owners of local news organizations primarily serving communities in the state to provide 120 days' advance notice to both employees and community members before selling the organization to an entity not incorporated in the state. This bill directly affects owners of local news outlets (like community newspapers or radio stations) that serve specific towns or regions within the state. The key provision mandates this notice period for any sale to an out-of-state entity, aiming to give affected workers and residents time to respond. It does not restrict sales but requires transparency about the transaction.