Expanding Broadcast Ownership Opportunities Act of 2019
Sponsored By: Representative Butterfield, G. K. [D-NC-1]
Unknown
Summary
Expanding Broadcast Ownership Opportunities Act of 2019 This bill requires the Federal Communications Commission (FCC) to increase diversity of ownership in the broadcasting industry. Specifically, the bill allows companies engaged in the qualifying sale of a broadcast station to receive favorable tax treatment by electing nonrecognition of the gain or loss resulting from the sale. To qualify for this treatment, the sale must result in or preserve ownership of a broadcast station by socially disadvantaged individuals. The bill also requires the FCC to foster investment in broadcast stations owned by socially disadvantaged individuals.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Butterfield, G. K. [D-NC-1]
NC • D
Cosponsors
Rep. Clarke, Yvette D. [D-NY-9]
NY • D
Sponsored 7/25/2019
Rep. Cárdenas, Tony [D-CA-29]
CA • D
Sponsored 7/25/2019
Rep. Rush, Bobby L. [D-IL-1]
IL • D
Sponsored 7/25/2019
Rep. Veasey, Marc A. [D-TX-33]
TX • D
Sponsored 7/25/2019
Rep. Hastings, Alcee L. [D-FL-20]
FL • D
Sponsored 7/25/2019
Rep. Kelly, Robin L. [D-IL-2]
IL • D
Sponsored 8/23/2019
Rep. Jackson Lee, Sheila [D-TX-18]
TX • D
Sponsored 9/6/2019
Rep. Eshoo, Anna G. [D-CA-16]
CA • D
Sponsored 9/6/2019
Rep. Demings, Val Butler [D-FL-10]
FL • D
Sponsored 9/17/2019
Rep. Meng, Grace [D-NY-6]
NY • D
Sponsored 10/16/2019
Rep. McNerney, Jerry [D-CA-9]
CA • D
Sponsored 10/17/2019
Sen. Luján, Ben Ray [D-NM]
NM • D
Sponsored 10/22/2019
Rep. Tonko, Paul [D-NY-20]
NY • D
Sponsored 10/22/2019
Sen. Welch, Peter [D-VT]
VT • D
Sponsored 10/23/2019
Rep. Castor, Kathy [D-FL-14]
FL • D
Sponsored 10/29/2019
Rep. Schakowsky, Janice D. [D-IL-9]
IL • D
Sponsored 10/30/2019
Rep. Espaillat, Adriano [D-NY-13]
NY • D
Sponsored 10/30/2019
Rep. Fudge, Marcia L. [D-OH-11]
OH • D
Sponsored 10/30/2019
Rep. Johnson, Henry C. "Hank" [D-GA-4]
GA • D
Sponsored 10/30/2019
Del. Norton, Eleanor Holmes [D-DC-At Large]
DC • D
Sponsored 10/30/2019
Rep. Lee, Barbara [D-CA-12]
CA • D
Sponsored 10/30/2019
Rep. Richmond, Cedric L. [D-LA-2]
LA • D
Sponsored 10/31/2019
Rep. Moore, Gwen [D-WI-4]
WI • D
Sponsored 10/31/2019
Rep. Roybal-Allard, Lucille [D-CA-40]
CA • D
Sponsored 11/12/2019
Rep. Soto, Darren [D-FL-9]
FL • D
Sponsored 11/12/2019
Sen. Blunt Rochester, Lisa [D-DE]
DE • D
Sponsored 12/10/2019
Rep. McEachin, A. Donald [D-VA-4]
VA • D
Sponsored 1/8/2020
Rep. Doyle, Michael F. [D-PA-18]
PA • D
Sponsored 2/5/2020
Rep. Lieu, Ted [D-CA-36]
CA • D
Sponsored 2/25/2020
Rep. Loebsack, David [D-IA-2]
IA • D
Sponsored 2/26/2020
Rep. Waters, Maxine [D-CA-43]
CA • D
Sponsored 2/28/2020
Rep. Velázquez, Nydia M. [D-NY-7]
NY • D
Sponsored 2/28/2020
Rep. Brown, Anthony G. [D-MD-4]
MD • D
Sponsored 3/2/2020
Rep. Kuster, Ann M. [D-NH-2]
NH • D
Sponsored 3/3/2020
Rep. Omar, Ilhan [D-MN-5]
MN • D
Sponsored 3/4/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov