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California Legislator’s Advice on Passing Policies to Save Local News | The Free Press Initiative
The bill would offer tax credits and hiring incentives to sustain newsroom jobs and could generate more than $50 million a year, supporters said.
California's legislature approved Assembly Bill 2222, the Community News Act, in late August, and the bill now awaits signature from Gov. Gavin Newsom.
California Assemblymember Buffy Wicks championed the bill after learning that previous attempts were attacked by industry subsets allied with Google and Meta.
The program would provide more than $50 million in annual tax credits to sustain newsroom jobs, funded by eliminating a deduction for corporations' highest-paid employees.
This bill complements a $20 million civic media grant program, joining similar efforts in New York, Illinois, and New Mexico providing $15,000 to $20,000 per newsroom job.
Wicks emphasized the goal is for publications to proactively employ full-time journalists, believing the approach will help abate the hemorrhaging of newsrooms in California.