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 helps these individuals gain or keep ownership, the seller may not have to pay taxes on the money made from the sale. The bill also gives a tax credit to people 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 for increasing radio station ownership among these groups.
Introduced
June 18, 2025
Policy Area
Science, Technology, Communications
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