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Finance, Revenue and Bonding committee reserves HB 5978 for public hearing after members voice concern about state influence on journalism
Summary
The Finance, Revenue and Bonding Committee voted to reserve House Bill 5978, a proposal to create a refundable tax credit for news organizations that cover local communities, for a subject-matter public hearing after members debated possible undue government influence and taxpayer cost.
The Finance, Revenue and Bonding Committee voted to reserve House Bill 5978, an act establishing a refundable tax credit for news organizations that cover local communities in the state, for a subject-matter public hearing during its meeting. The motion to reserve the bill passed on a roll-call vote.
Committee members said they supported the goal of sustaining local journalism but expressed concerns that state funding could create real or perceived influence over news…
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