California Passes Tax Exemption for Newspapers

AB 1506—a California Bill that would extend a tax emption for newspapers until 2025—passed both houses of the California legislature. The Bill has been sent to Governor Newsom to sign. The Bill has certain reporting requirements for those claiming the exemption, like providing specific information about their workforce every year. Passing AB 1506 is a great step towards protecting the future of print journalism and preserving quality reporting.

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