To amend the Internal Revenue Code of 1986 to allow for a credit against tax for placing in service qualified broadband property to expand the level of broadband service in a qualified rural census tract.
Rural Broadband Connectivity Act of 2018 This bill amends the Internal Revenue Code to allow a tax credit for a portion of the cost of a broadband project designed to expand the number of individuals with broadband service in a qualified rural census tract. A "qualified rural census tract" must be designated by the Department of the Treasury as: (1) being rural, and (2) having less than 50% of residents with access to broadband service.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Income tax creditsInternet and video servicesInternet, web applications, social mediaRural conditions and developmentTelephone and wireless communication
To amend the Internal Revenue Code of 1986 to allow for a credit against tax for placing in service qualified broadband property to expand the level of broadband service in a qualified rural census tract.
USA115th CongressHR-6871| House
| Updated: 9/25/2018
Rural Broadband Connectivity Act of 2018 This bill amends the Internal Revenue Code to allow a tax credit for a portion of the cost of a broadband project designed to expand the number of individuals with broadband service in a qualified rural census tract. A "qualified rural census tract" must be designated by the Department of the Treasury as: (1) being rural, and (2) having less than 50% of residents with access to broadband service.
Income tax creditsInternet and video servicesInternet, web applications, social mediaRural conditions and developmentTelephone and wireless communication