“Some of my colleagues have dubbed this credit the ‘George Santos Prevention Act.’”

New York state Sen. Brad Hoylman-Sigal, regarding the state’s three-year program to allow some news organizations to tap into refundable tax credits each year, with a single outlet able to receive tax credits of up to $320,000 annually. The program will offer up to $90 million in tax credits to hire and retain journalists in an effort to support the shrinking local news industry. (Associated Press — May 23, 2024)