Road to The Floor
How it worksIntroduced
In Committee
On The Floor
Passed a Chamber
Passed Congress
To President
Became Law
What this bill does
AI plain-language summaryThis bill creates tax breaks to help women and people who have faced racial, ethnic, or cultural discrimination become owners and managers of radio stations. If someone sells a radio station in a way that leads to or keeps ownership by these individuals, the seller can choose not to pay taxes on the money gained from the sale. The bill also gives a tax credit to those who donate radio stations for training these individuals in how to run a station. Additionally, it requires the Federal Communications Commission to send Congress a report with ideas on how to increase radio station ownership among these groups.
Introduced
June 10, 2025
Policy Area
Science, Technology, Communications
Your Vote
Discussion (0)
Explain what is at stake in this bill.
No comments yet. Be the first.