The Government has given the green light to a Bill that would reduce the fees paid by Independent Radio stations on an annual basis.
At yesterday's Cabinet meeting, Ministers backed the Broadcasting Amendment Bill which allows for the levy to be reduced by up to 50 per cent.
The Bill will be discussed when the Dáil returns after the summer recess.
Independent Broadcasters of Ireland have welcomed the government's decision.
Roscommon Independent TD and former Communications Minister Denis Naughten says when the measure is passed, it will be a huge boost for local radio stations: