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Broadband Grant Tax Treatment Act

Bill Number
H.R. 1873
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Taxation
Status
Introduced
Latest Action
2025-03-05: Referred to the House Committee on Ways and Means.
Last Updated
2026-06-30T08:06:48Z

AI-Generated Summary

Purpose

The Broadband Grant Tax Treatment Act (H.R. 1873) aims to encourage broadband infrastructure development by excluding specific federal and state grants for broadband projects from being counted as taxable income. This helps recipients avoid tax burdens on these funds, making it easier to deploy high-speed internet services, especially in underserved areas.

Key Provisions

Significant Changes to Existing Law

This bill amends the Internal Revenue Code of 1986 by adding a new section (139J) to Part III of Subchapter B, Chapter 1, which specifically excludes these broadband grants from gross income. Previously, such grants could be treated as taxable income unless otherwise exempted, potentially discouraging recipients from pursuing broadband projects due to added tax costs. It also introduces basis adjustments and double-benefit restrictions to align with standard tax rules for non-taxable income sources.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Kelly, Mike [R-PA-16]

Cosponsors (13)

Rep. Panetta, Jimmy [D-CA-19], Rep. Davis, Donald G. [D-NC-1], Rep. Carter, Earl L. "Buddy" [R-GA-1], Rep. Allen, Rick W. [R-GA-12], Rep. Johnson, Dusty [R-SD-At Large], Rep. Costa, Jim [D-CA-21], Rep. Yakym, Rudy [R-IN-2], Rep. Schmidt, Derek [R-KS-2], Rep. Rouzer, David [R-NC-7], Rep. Feenstra, Randy [R-IA-4], Rep. Sorensen, Eric [D-IL-17], Rep. Bost, Mike [R-IL-12], Rep. Walkinshaw, James R. [D-VA-11]

Recent Actions

Bill Versions

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