Maryland lawmakers have introduced legislation, HB891, to bolster local journalism through targeted tax credits. The proposed bill aims to incentivize job creation in local newsrooms by offering substantial tax relief.
Specifically, news organizations would be eligible for a $25,000 credit for each full-time employee during the organization’s first year of operation, and $15,000 per employee in subsequent years.
To qualify, a newsroom must primarily focus on local community coverage within Maryland, employ at least one full-time journalist, have been operational for at least a year, and maintain media liability insurance.
Delegates Joe Vogel and Linda Foley, who sponsored the bill, hope this initiative will help sustain and strengthen local journalism, which plays a vital role in informing communities and holding local government accountable.
