California's AB 2222 clears the legislature — $20,000 per full-time journalist and $40 million a year, with six states moving $82 million this year
California's legislature passed AB 2222 on August 31, creating a refundable tax credit tied to the number of journalists a local news organization employs. The Senate approved it 30-10 on August 30; the Assembly followed 59-15 the next day. The bill now sits with Governor Gavin Newsom. His deadline to sign or veto is September 30.