New York A04253 establishes tax credits for local newspaper subscriptions, newspaper payrolls, and local media advertising.
New York A04253 amends the tax law to establish tax credits for local newspaper subscriptions, newspaper payrolls, and local media advertising. It defines "local newspaper" as a publication with original content about local, national, or international events, where at least 51% of readers reside in a single county or a 200-mile radius. The bill provides tax credits for subscriptions, payrolls of journalists, and advertising expenses in local newspapers.
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