Broadcast VOICES Act – Radio Station Sale & Contribution Tax Incentives
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2025-06-18 — Broadcast VOICES Act: Introduction confirmed: HR3879 (119th Congress) would provide elective nonrecognition of gain/loss on qualifying radio station sales to socially disadvantaged individuals and a tax credit for station contributions supporting their training in management/operations, with FCC minority-ownership reporting; sellers/donors receive tax benefits while socially disadvantaged owners/managers are the targeted beneficiaries — modeled on the 1978–1995 Minority Tax Certificate Program. (novelty: 3)
- 2025-06-10 — Broadcast VOICES Act: Broadcast VOICES Act (HR3879, 119th Congress) introduced to establish (1) elective nonrecognition of gain/loss on qualifying radio station sales to socially disadvantaged individuals and (2) a tax credit for contributions of radio stations used to train such individuals in management/operations, with FCC reporting requirements — reviving a mechanism analogous to the 1978–1995 Minority Tax Certificate Program; sellers/donors of radio stations would pay less tax, while ownership/management by socially disadvantaged individuals is the targeted beneficiary group. (novelty: 3)