S 2867 · 116th Congress · Taxation
Rural Broadband Investment Tax Credit Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2019-11-14)
Plain Language Summary
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Rural Broadband Investment Tax Credit Act This bill 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.…
Summarized by Claude AI · Non-partisan · For informational purposes only