Rural Broadband Connectivity Act of 2019 This bill allows a business-related tax credit for up to 30% of the cost of qualified broadband property in a qualified rural census tract. The bill imposes a limit on the amount of such credit based upon the number of potential customers residing in a rural area and served by the broadband project (multiplied by $170). A qualified rural census tract must be underserved and have less than 50% of its 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
Rural Broadband Connectivity Act of 2019
USA116th CongressHR-3999| House
| Updated: 7/25/2019
Rural Broadband Connectivity Act of 2019 This bill allows a business-related tax credit for up to 30% of the cost of qualified broadband property in a qualified rural census tract. The bill imposes a limit on the amount of such credit based upon the number of potential customers residing in a rural area and served by the broadband project (multiplied by $170). A qualified rural census tract must be underserved and have less than 50% of its residents with access to broadband service.
Income tax creditsInternet and video servicesInternet, web applications, social mediaRural conditions and developmentTelephone and wireless communication