The proposed bill, General Assembly Proposed Bill No. 6418, aims to amend the general statutes to require owners of local news organizations in Connecticut to provide advance notice before selling their organizations to out-of-state entities. Specifically, the bill stipulates that no owner of a news organization that primarily serves a community in the state can sell to an entity not incorporated in Connecticut without giving at least one-hundred-twenty days' notice to the organization's employees and the community members.

This legislation seeks to ensure transparency and allow local stakeholders to be informed about significant changes in their news organizations, thereby fostering a sense of community involvement and awareness. The bill does not include any deletions from current law but introduces the new requirement for advance notice, emphasizing the importance of local ownership and the impact of such sales on the community served by the news organization.