California enacts tax credits to support local news outlets
The state's AB 2222 provides refunds starting in 2028 for qualifying journalism jobs at local outlets, with credits of up to $175,000 a year.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
California passed AB 2222, a law offering tax credits to support local news. The credits provide refunds starting in 2028 for qualifying journalism roles. Coverage describes it as a landmark measure created with help from Matt Pearce, a journalist who became a policymaker.
Why it matters
The law is designed to boost local news outlets, with refunds of up to $175,000 annually from qualifying journalism roles.
Coverage
- How AB 2222 aims to boost local news with tax credits soon (napavalleyregister.com)
- California’s Big Bet on Government-Funded News (cjr.org)
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