New Bill Aims To Boost Diversity And Black Broadcast Station Ownership
New Bill Aims to Boost Diversity and Black Broadcast Station Ownership
A freshly introduced bill could make more African Americans TV and radio stations owners in the U.S.
G.K. Butterfield, D-North Carolina and a member of the Congressional Black Caucus, is sponsoring the Expanding Broadcast Ownership Opportunities Act of 2017. The bill would bolster ownership prospects for people of color and women in the broadcasting space, by intensifying data and reporting rules at the Federal Communications Commission (FCC). The legislation calls for rekindling a tax certificate program, providing existing broadcast owners a tax incentive if they sell stations to minority owners.
Butterfield’s office claims 287 certificates for …