Lawmakers Approve $25 Million In Tax Credits For Journalists

The Illinois state legislature on Wednesday, May 29, 2024, approved $25 million in tax credits over the next five years that will support journalism in the state. The funds are intended for use by newsrooms to hire and retain journalists. The legislation is similar to that passed last month in New York, which provides $30 million over three years.

News/Media Alliance President and CEO Danielle Coffey said, “We thank the Governor and legislature for their commitment to sustaining quality journalism, which helps to keep their communities informed on important developments happening every day. Th...