US SB2867 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on November 14 2019 - 25% progression, died in committee
Action: 2019-11-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 14 2019 - 25% progression, died in committee
Action: 2019-11-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows a new tax credit for up to 10% of investment in qualifying broadband projects, subject to specified limitations. The bill includes in the definition of qualifying broadband project any project that is designed solely to provide broadband service to one or more rural areas in which more than 50% of households lack access to adequate broadband service.
Title
Rural Broadband Investment Tax Credit Act
Sponsors
Sen. Margaret Hassan [D-NH] | Sen. Shelley Capito [R-WV] |
History
Date | Chamber | Action |
---|---|---|
2019-11-14 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
Business investment and capital
Income tax credits
Internet and video services
Rural conditions and development
Taxation
Income tax credits
Internet and video services
Rural conditions and development
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2867/all-info |
Text | https://www.congress.gov/116/bills/s2867/BILLS-116s2867is.pdf |