S. 674In Committee
Broadband Grant Tax Treatment Act
Excludes certain broadband deployment grants from federal taxable income and requires IRS guidance on that tax treatment
Plain-English overview
What this bill does
Excludes certain broadband deployment grants from federal taxable income and requires IRS guidance on that tax treatment
Key points
- Require IRS guidance
- Exclude broadband grants from income
Current status
Where it stands
Status
In Committee
Latest action
2025-02-20 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
undefinedTaxation