Relating to a tax credit for expenses related to journalism; prescribing an effective date.
Summary
Creates an income tax credit for subscriptions to media news outlets and donations to certain journalism organizations. Prohibits a person from falsely advertising the availability of the tax credit. Allows the Department of Revenue to impose a civil penalty for violation. Applies to tax years beginning on or after January 1, 2025, and before January 1, 2031. Takes effect on the 91st day following adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2025
Last action Jun 28, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Jun 28, 2025
Upper · Passed
In committee upon adjournment.
upper
Jan 17, 2025
Committee
Referred to Finance and Revenue, then Tax Expenditures.
upper
Jan 13, 2025
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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