Creates the Journalism Preservation Act. Provides that specified online platforms shall track and record, on a monthly basis, the total number of times the online platform's websites link to, display, or present a digital journalism provider's news articles, works of journalism, or other content that are displayed or presented to Illinois residents and remit a journalism usage fee payment to each digital journalism provider who has satisfied specific requirements. Sets forth provisions concerning notice requirements; fee payments; calculation of fees; arbitration; non-retaliation; funding for journalists and support staff; reporting requirements; preservation of rights; and severability.
Senate Committee Amendment No. 1: Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes. Provides that a covered platform shall annually compensate digital journalism providers for accessing the websites of the digital journalism providers, with the compensation annually adjusted for increases in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor and annually distributed to the digital journalism providers. Provides that the distributions may be made by either an approved claims administrator or directly by the digital journalism providers itself. Makes other changes.
Senate Committee Amendment No. 2: Corrects technical errors.