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SB57 • 2025

Creates an income tax credit for subscriptions to media news outlets and donations to certain journalism organizations.

Creates an income tax credit for subscriptions to media news outlets and donations to certain journalism organizations.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Senator Hayden
Last action
2025-06-27
Official status
In Senate Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 Senate

    In committee upon adjournment.

  2. 2025-01-17 Senate

    Referred to Finance and Revenue, then Tax Expenditures.

  3. 2025-01-13 Senate

    Introduction and first reading. Referred to President's desk.

Official Summary Text

Digest: The Act makes a new tax credit for subscribing to or giving to certain news publications. (Flesch Readability Score: 63.6).
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.
Relating to: Relating to a tax credit for expenses related to journalism; prescribing an effective date.
Current location: In Senate Committee