Provides that no judicial, legislative, administrative, or other body with the power to issue a subpoena or other compulsory process may compel the news media to testify, produce, or otherwise disclose: (1) The source of any news or information or any information that would tend to identify the source where such source has a reasonable expectation of confidentiality; or

(2) Any news or information obtained or prepared by the news media in its capacity in gathering, receiving, or processing news or information for potential communication to the public, including, but not limited to, any notes, outtakes, photographs, video or sound tapes, film, or other data of whatever sort in any medium now known or hereafter devised.

Prescribes exceptions to the prohibition.