Bill > HR2230

This bill establishes a tax credit for multichannel video programming distributors (MVPDs) that carry programming from qualified independent programmers. Under the bill, eligible distributors (which include traditional cable operators, satellite services, and internet-based video providers) can receive a tax credit for carrying linear video programming from independent programmers who meet specific criteria. The credit is calculated as either the net license fees paid or $0.10 per monthly subscriber, with a maximum credit of $0.30 per monthly subscriber. To qualify as an independent programmer, an entity must be US-based, not publicly traded, not affiliated with major networks or distributors, and must have a written agreement to distribute programming to at least 40% of the distributor's subscriber base. The bill also requires the Federal Communications Commission (FCC) to submit biennial reports to Congress tracking the number and distribution of independent programmers, and allows the IRS to share limited tax return information with the FCC to support these reports. The tax credit is designed to encourage MVPDs to provide more opportunities for smaller, independent video content creators by offering a financial incentive for their carriage.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/2230/all-info