,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #fjde  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #ah1         
#bjba,mrs4 ,mill]-,meeks introduc$ !    
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to provide = a tax cr$it =        
newspap] subscriptions4  #a4 ,%ort title
 ,?is ,act may be cit$ z ! ,subscribe to
 ,local ,news ,act ( #bjba4  #b4 ,cr$it 
= newspap] exp5ses  7a7 ,9 g5]al ,subp>t
 ,a ( "p ,,iv ( sub*apt] ,a ( *apt] #a (
 ! ,int]nal ,rev5ue ,code ( #aihf is    
am5d$ by ins]t+ aft] section #be;,d !   
foll[+ new section3  #be;,e4 ,cr$it =   
newspap] exp5ses  7a7 ,all[ance ( cr$it 
,9 ! case ( an individual1 !re %all be  
all[$ z a cr$it aga9/ ! tax impos$ by   
?is *apt] = ! taxable ye> an am\nt equal
 to #ajj p]c5t ( ! qualifi$ exp5ses paid
 or incurr$ by su* individual dur+ !    
taxable ye>4  7b7 ,qualifi$ exp5ses ,=  
purposes ( ?is section-- 7#a7 ,9 g5]al  
,! t]m qualifi$ exp5ses means exp5ses = 

a local newspap] subscription4  7#b7    
,local newspap] ,! t]m local newspap]   
means a pr9t or digital publication t   
prim>ily s]ves a regional community &   
has a daily circulation ( less ?an      
#aj1jjj4  7#c7 ,doll> limitation ,!     
am\nt tak5 into acc\nt z qualifi$       
exp5ses = any taxable ye> %all n exce$  
#bjj4  7c7 ,t]m9ation ,no cr$it %all be 
all[$ "u ?is section = any taxable ye>  
beg9n+ aft] ,decemb] #ca1 #bjbf4  4  7b7
 ,cl]ical am5dm5t ,! table ( sections = 
subp>t ,a ( "p ,,iv ( sub*apt] ,a (     
*apt] #a is am5d$ by ins]t+ aft] ! item 
relat+ to section #be;,d ! foll[+ new   
item3  ,sec4 #be;,e4 ,cr$it = newspap]  
exp5ses4  4  7c7 ,effective date ,!     
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjba4  #c4 ,d$uction = adv]tis+ & 
contributions to local newspap]s  7a7 ,9
 g5]al ,"p ,,vi ( sub*apt] ,b ( *apt] #a
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ by add+ at ! end ! foll[+ new     
section3  #aii;,b4 ,d$uction = adv]tis+ 

& donations to local newspap]s  7a7 ,9  
g5]al ,!re %all be all[$ z a d$uction = 
! taxable ye> an am\nt equal to ! am\nts
 paid or incurr$ by ! taxpay] dur+ !    
taxable ye> = adv]tis+ )1 or donations  
to1 any local newspap] 7z su* t]m is    
def9$ 9 section #be;,e7b77#b774  7b7    
,limitation ,! am\nt all[$ z a d$uction 
"u subsection 7a7 = a taxable ye> %all n
 exce$ %all n exce$ #a1jjj4  7c7        
,t]m9ation ,no d$uction %all be all[$ "u
 ?is section = any taxable ye> beg9n+   
aft] ,decemb] #ca1 #bjbf4  4  7b7       
,cl]ical am5dm5t ,! table ( sections =  
"p ,,vi ( sub*apt] ,b ( *apt] #a ( !    
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by add+ at ! end ! foll[+ new item3     
,sec4 #aii;,b4 ,d$uction = adv]tis+ &   
donations to local newspap]s4  4  7c7   
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjba4