This bill uses FCC rules and federal tax breaks to encourage more broadcast station ownership by socially disadvantaged individuals. It also requires repeated FCC reports and studies on station ownership and viewpoint diversity. Some benefits can be clawed back later if ownership or management rules stop being met.
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Broadcast VOICES Act is a Senate bill in committee. The latest recorded action: Read twice and referred to the Committee on Finance.
Latest action on S. 2123: Read twice and referred to the Committee on Finance.
Who this affects: The bill mainly affects people and organizations involved in buying, selling, owning, donating, regulating, and training for broadcast stations. Its incentives and compliance rules would matter most to current station owners, prospective buyers from covered groups, nonprofits that could receive stations, and federal agencies that would have to run and enforce the program.
Why this matters: This bill matters because it tries to change who owns broadcast stations by using tax incentives and FCC oversight instead of just making general policy statements. That could affect who has a financial stake and leadership role in local radio and TV businesses, and it could influence how some sales and donations are structured. The bill also matters because it requires the federal government to gather more data on station ownership and study whether ownership diversity is connected to diversity of viewpoints on the air, but the bill itself does not settle that question.
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