Vote Smart's Synopsis:

Vote to pass a bill that requires social media companies to share advertising revenue with news publishers.

Highlights:

• Requires social media companies to share advertising revenue with news publishers within 10 days of the close of each quarter (Sec. 2).

• Requires eligible digital journalist providers with 5 or fewer employees to spend at least 50 percent of the aforementioned advertising revenue on new journalists and support staff (Sec. 2).

• Specifies that the provisions of this bill shall take effect upon passage and approval by the governor (Sec. 3).

Full Bill Text