US Federal 2025-2026 Regular Session

US Federal Senate Bill SB2123

Introduced
 
Introduced
6/18/25  

Caption

Broadcast VOICES Act

Summary

The Broadcast VOICES Act would direct the Federal Communications Commission to take steps intended to increase diversity of ownership in the broadcasting industry, with a particular focus on women and individuals who have been subjected to racial or ethnic prejudice or cultural bias. The bill states congressional findings that ownership of broadcast stations remains disproportionately low among women and minority groups, and it requires the FCC to submit recurring reports to Congress on the number of stations owned by socially disadvantaged individuals and recommendations for increasing both the number and value of those stations. The bill also creates a new FCC tax certificate program for certain broadcast station transactions that result in, or preserve, ownership by socially disadvantaged individuals. The FCC would be required to adopt rules governing eligibility, including limits on transaction value, minimum holding periods, management participation requirements, and annual or periodic certifications. In addition, the bill amends the Internal Revenue Code to provide nonrecognition of gain or loss for qualifying sales of broadcast station interests and creates a new tax credit for certain contributions of broadcast stations to charitable entities that train socially disadvantaged individuals in station management and operations.

Impact

If enacted, the bill would amend both the Communications Act of 1934 and the Internal Revenue Code of 1986. It would add a new FCC-administered certification and reporting framework for broadcast station sales involving socially disadvantaged owners, and it would create tax incentives for qualifying transactions and charitable contributions tied to broadcast stations. The measure would affect broadcasters, investors, charitable organizations, and the FCC, while also imposing new reporting obligations to Congress and a later review of whether the program should be expanded beyond broadcast stations.

Sentiment

The available context shows no committee transcript and no recorded votes, so there is no documented floor or committee debate to gauge support or opposition. Based on the bill text, the measure is framed as a pro-diversity, pro-access initiative with bipartisan-style policy language focused on ownership opportunities and FCC data collection. The overall sentiment in the introduced bill is affirmative toward expanding minority and women ownership in broadcasting.

Contention

The main points of potential contention are the use of race- and sex-conscious ownership preferences, the creation of tax advantages for certain transactions, and the FCC’s authority to define and administer the program. Critics could question whether the bill’s definition of “socially disadvantaged individuals” and its ownership thresholds are appropriate, whether the tax benefits distort market transactions, and whether the program should be limited to broadcasting or expanded to other regulated industries. Supporters are likely to emphasize the persistent underrepresentation of women and minority owners and the bill’s use of incentives rather than mandates.

Companion Bills

No companion bills found.

Previously Filed As

US HB3879

Broadcast VOICES Act Broadcast Varied Ownership Incentives for Community Expanded Service Act

US SB5457

AN ACT Relating to radio and television broadcasting;

US HB1558

Concerning broadcasters.

US J01918

Honoring the life of Bob Law, pioneering Black radio broadcaster, and his incredible service to Broadcasting, Journalism and the communities of New York

US HB1211

No Propaganda ActThis bill prohibits federal funding of the Corporation for Public Broadcasting and rescinds certain funds that were provided to the corporation. (The corporation is a congressionally created nonprofit that supports local public television and radio broadcasting.)

US SB867

Broadcast Freedom and Independence Act of 2025

US HB2443

NPR and PBS Act No Partisan Radio and Partisan Broadcasting Services Act

US HJR24

Fund Corporation For Public Broadcasting

US S3956

Concerns public broadcasting funding; makes appropriation.

US SB3605

$PUBLIC BROADCASTING

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