California signs tax credit bill to support local newsrooms

Summarised from 2 outlets · Updated 1 Oct, 08:19 · Archive

California's governor has signed a law creating tax credits for news organisations based on journalist numbers.

Governor Gavin Newsom has signed Assembly Bill 2222, which creates refundable tax credits for California local news organisations based on how many journalists they employ. The tax incentives are designed to help struggling newsrooms and encourage companies to hire journalists.

How it is being reported

• Newsom signs first-in-the-nation law to bolster struggling local news organizationsCalMatters · 1 Oct, 01:38
• Newsom signs landmark bill aimed at giving lifeline to struggling California newsroomsLos Angeles Times · 30 Sept, 19:45

In this story: Gavin Newsom · California

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