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- S.673
S.673: A bill to allow certain newspapers to be treated as described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such Code.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced March 24, 2009
- Latest Major Action March 24, 2009
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Internal Revenue Code to exempt from income taxation a newspaper corporation or organization if: (1) it publishes on a regular basis a newspaper for general circulation; (2) its newspaper contains local, national, and international news stories of interest to the general public and the distribution of such newspaper is necessary or valuable in achieving an educational purpose; and (3) the preparation of the material contained in...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| March 24, 2009 |
Introduced in the Senate by Benjamin L. Cardin (D-Md.) |