California Governor Gavin Newsom just signed a bill into law that will create tax credits to support journalism jobs in the state. Newsom supported the Community NEWS Act after local and international outreach from the Guild and a coalition led by Rebuild Local News.
Local Guild leaders pressed Newsom to sign the legislation earlier this month.
The law creates job retention credits of up to $20,000 each year for every employed journalist and creates a $15,000 credit for every new journalist hired. Part-time journalist positions are supported with $7,500 credits.
Continue reading “NewsGuild-backed bill providing tax credits to California newsrooms becomes law”