HR 9449
Broadband Grant Tax Treatment Act
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill, the Broadband Grant Tax Treatment Act, aims to make broadband grants tax-free for recipients. It specifically excludes certain grants related to broadband deployment from being considered as income for federal tax purposes. The bill covers grants from programs like the Infrastructure Investment and Jobs Act, as well as grants from states and local governments. It also includes provisions to prevent recipients from claiming deductions or credits that mirror the excluded grant amounts.
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Primary sponsor
Cosponsors
A. Drew, IV Ferguson
Alexander X. Mooney
Cynthia Axne
Daniel T. Kildee
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