With a 4-1 vote on May 8, the Senate Committee on Revenue and Taxation advanced Senate Bill (SB) 1327, a proposed law that would impose a “mitigation fee” on major digital technology companies. If the bill passes, fees collected would provide $500 million in employment tax credits to news organizations across the state. | By Antonio Ray Harvey, California Black Media With a 4-1 vote on May 8, the Senate Committee on Revenue and Taxation advanced Senate Bill (SB) 1327, a proposed law that would impose a “mitigation fee” on major digital technology companies. If the bill passes, fees collected would provide $500 million in employment tax credits to
