Senate Bill 2867
116th Congress(2019-2020)
Rural Broadband Investment Tax Credit Act
Introduced
Introduced in Senate on Nov 14, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2867
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
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.
November 14, 2019
11/14/2019
Read twice and referred to the Committee on Finance.
11/14/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 5:17:26 AM