The Education Not Endless Scrolling Act creates a tax on large digital advertising companies to support local journalism. It aims to balance the digital advertising landscape while funding important news sources.
If you rely on local news, this bill could help ensure its survival by funding journalism jobs.
Who this affects
Digital advertising companies · Local journalism entities
What changes is this bill making?
1This bill imposes a 50% tax on companies making over $2.5 billion from digital advertising in the U.S.
2The tax applies to businesses that host digital advertisements, like websites and apps.
3One-third of the tax collected will go to a fund for local journalism.
4The fund will support hiring journalists and advertising in local news outlets.
5The bill aims to promote local journalism and reduce excessive digital advertising.
