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Posts tagged #AdvertisingCredit

Citizen Portal News New Hampshire
Citizen Portal News New Hampshire
@citizenptnewsnh.bsky.social
3 weeks ago
Preview
Subcommittee rewrites local advertising credit: 50% credit, $2,500 per-business cap proposed, $2.5–5M aggregate debated A Ways and Means subcommittee spent an extended session redrafting a local advertising tax credit (modeled on a Kansas statute). Members focused on definitions of eligible businesses and 'local news organizations,' a 50% credit for qualifying local advertising, a $2,500-per-business annual cap proposal, non-refundable use-it-or-lose-it design, and an aggregate cap in the $2.5–5 million range to limit fiscal exposure.

A proposed local advertising credit in New Hampshire could boost small businesses and support original journalism with a 50% tax break and a $2,500 cap!

Click to read more!

#NH #CitizenPortal #LocalJournalism #AdvertisingCredit #NewHampshireLocalNews #SmallBusinessSupport

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