Massachusetts H106 establishes a fund to modernize community media programming funding.

Massachusetts H106 creates a Streaming Entertainment Fund to modernize funding for community media programming. The fund will receive revenues from a 5% assessment on streaming entertainment services' gross revenues, interest, and private sources. One-fifth of the fund will go to the Commonwealth General Fund, two-fifths to community media centers, and the rest to municipalities based on population. The Department of Revenue will assess and collect payments, with penalties for non-compliance.

Massachusetts H106 establishes a fund to modernize community media programming funding.

Massachusetts H106 creates a Streaming Entertainment Fund to modernize funding for community media programming. The fund will receive revenues from a 5% assessment on streaming entertainment services' gross revenues, interest, and private sources. One-fifth of the fund will go to the Commonwealth General Fund, two-fifths to community media centers, and the rest to municipalities based on population. The Department of Revenue will assess and collect payments, with penalties for non-compliance.