summary
Introduced
07/30/2021
07/30/2021
In Committee
08/02/2021
08/02/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To direct the Federal Communications Commission to take certain actions to increase diversity of ownership in the broadcasting industry, and for other purposes.
AI Summary
This bill, the Expanding Broadcast Ownership Opportunities Act of 2021, aims to increase diversity of ownership in the broadcasting industry. It directs the Federal Communications Commission (FCC) to submit biennial reports to Congress with recommendations on how to increase the number of minority- and women-owned broadcast stations. The bill also establishes a tax certificate program that allows the FCC to issue certificates for the sale of broadcast station interests to socially disadvantaged individuals, enabling the seller to defer recognition of any capital gains. The program has certain requirements, such as a minimum holding period and continued management by the socially disadvantaged individuals. The amendments made by this bill would apply to sales of broadcast station interests after one year from the date of enactment and would sunset after 16 years.
Committee Categories
Business and Industry
Sponsors (41)
G. Butterfield (D)*,
Pete Aguilar (D),
Jake Auchincloss (D),
Joyce Beatty (D),
Lisa Blunt Rochester (D),
Carolyn Bourdeaux (D),
Anthony Brown (D),
Tony Cárdenas (D),
André Carson (D),
Kathy Castor (D),
Joaquin Castro (D),
Yvette Clarke (D),
Steve Cohen (D),
Joe Courtney (D),
Val Demings (D),
Anna Eshoo (D),
Adriano Espaillat (D),
Steven Horsford (D),
Hank Johnson (D),
Robin Kelly (D),
Ann Kuster (D),
Barbara Lee (D),
Ted Lieu (D),
Jerry McNerney (D),
Grace Meng (D),
Frank Mrvan (D),
Joe Neguse (D),
Eleanor Holmes Norton (D),
Ilhan Omar (D),
Deborah Ross (D),
Lucille Roybal-Allard (D),
Bobby Rush (D),
Linda Sánchez (D),
Jan Schakowsky (D),
David Scott (D),
Darren Soto (D),
Paul Tonko (D),
Lori Trahan (D),
Marc Veasey (D),
Nydia Velázquez (D),
Peter Welch (D),
Last Action
Referred to the Subcommittee on Communications and Technology. (on 08/02/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/4871/all-info |
| BillText | https://www.congress.gov/117/bills/hr4871/BILLS-117hr4871ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr4871/BILLS-117hr4871ih.pdf.pdf |
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