,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #cabf ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #e1 #bjai,mr4 ,de,saulnier introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to include publication ( writt5 news articles z a tax-exempt purpose = organizations1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,sav+ ,local ,news ,act ( #bjai4 #b4 ,publication ( writt5 news articles z tax-exempt purpose 7a7 ,9 g5]al ,section #eja7;c77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ or = ! publication 7includ+ electronic publication7 ( writt5 news articles1 aft] animals14 7b7 ,income f adv]tis+ n unrelat$ bus9ess taxable income ,section #eab7;a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#h7 ,special rule applicable to news organizations describ$ 9 section #eja7;c77#c7 ,9 ! case ( an organization describ$ 9 section #eja7;c77#c7 by reason ( publication ( writt5 news articles1 ! t]m unrelat$ bus9ess taxable income does n include any am\nt attributable to paym5ts = adv]tisem5ts 9 news publications4 4 7c7 ,exp$it$ application ,section #ejh ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new subsection3 7g7 ,tim+ = approval ( applications by news organizations ,9 ! case ( an organization describ$ 9 section #eja7;c77#c7 by reason ( publication ( writt5 news articles1 ! ,secret>y %all approve or d5y su* organization = recognition ( #eja7;c77#c7 /atus n lat] ?an ! date t is #ab mon?s aft] notice is giv5 "u subsection 7a74 4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply ) respect to taxable ye>s beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4