Bills · 2023-2024 Regular Session
Relating to: a tax credit for local newspaper subscriptions. (FE)
Income tax — Deduction Newspaper and magazine
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill creates a nonrefundable income tax credit for amounts paid to
subscribe to a qualifying local newspaper. A qualifying local newspaper is a
newspaper that is qualified to print legal notices under current law. The credit is
equal to 50 percent of the amount paid to subscribe to a qualifying local newspaper,
and is limited to a maximum credit of $250 per taxable year.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Mar 6, 2024 · Assembly
Introduced by Representatives J. Anderson, Emerson, Bare, Clancy, Jacobson, Joers, Moore Omokunde, Murphy, Neubauer, Ohnstad, Ratcliff, Shankland, Shelton, Snodgrass and Stubbs; cosponsored by Senators Spreitzer and Pfaff
- Mar 6, 2024 · Assembly
Read first time and referred to Committee on Ways and Means
- Mar 15, 2024 · Assembly
Fiscal estimate received
- Apr 15, 2024 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1