News Corporation

• Personal Income Tax Law and Corporation Tax Law: credits: local news outlets: business expense deduction: excessive employee remuneration.California · AB 2222 · Last action Sep 30, 2026 · Official record (opens in a new tab)This bill would, for taxable years beginning on or after January 1, 2027, and before January 1, 2032, allow a credit against those taxes to a qualified taxpayer, as defined, equal to $20,000 for each qualifying journalist, as defined, continuously employed on a full-time basis by the taxpayer, not to exceed 5 qualifying journalists.Latest action: Enrolled and presented to the Governor at 3 p.m.Enacted law
• Income taxation: credits: local news media: data extraction transactions.California · SB 1327 · Last action Aug 12, 2024This bill would, for taxable years beginning on or after January 1, 2025, and before January 1, 2030, allow a credit against the taxes imposed by those laws for portions of the costs for qualified services paid or incurred by a qualified taxpayer.Latest action: From committee with author's amendments. Read second time and amended. Re-referred to Com. on REV. & TAX.Session ended
• Provides corporation business tax and gross income tax credits to small businesses for portion of costs paid for advertisements with local news organizations.New Jersey · A 5551 · Last action Sep 24, 2026Introduced, Referred to Assembly Commerce and Economic Development…Latest action: Introduced, Referred to Assembly Commerce and Economic Development CommitteeReferred
• Amends the Lead Poisoning Prevention Act.Illinois · HB 5789 · Last action Jan 13, 2009Amends the Lead Poisoning Prevention Act.Latest action: Session Sine DieFailed

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