Minority tax credit still on back burner?


The National Association of Black Owned Broadcasters notes in its latest newsletter that support is growing for reinstatement of the minority tax certificate, am instrument which encourages holders of broadcast licenses to sell to eligible entities. Bills are before the Senate, from Bob Menendez (D-NJ) and the House, from Charles Rangel (D-NY) and Bobby Rush (D-IL). However, it doesn’t appear that much has changed in their status lately, and Congress is heading home to campaign. Is this matter going to be left up to the 111th Congress? Stay tuned.