Newspaper bailout?
Mar 25, 2009 by M. Scott Brauer No Comments »I’d written before about one state legislator’s efforts to get state money to support Connecticut’s newspapers, but the idea is gaining steam. Now come reports that Senator Benjamin Cardin (D-Maryland) has introduced legislation that would allow newspapers to restructure as nonprofits and give the papers a number of tax breaks. Hard to say whether this will get anywhere. According to the article, the bill has no co-sponsors as of yet.
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