arrow_back Back to App

Tax Credit for Broadband Infrastructure in Underserved Areas

This act introduces a new tax credit to help residents in areas without high-speed internet access. It allows individuals who collectively invest in building broadband infrastructure to recover a portion of their costs. The goal is to provide internet access where it's lacking, facilitating education, work, and communication.
Key points
You can get a 75% reimbursement for broadband infrastructure costs if you live in an area without high-speed internet access.
The maximum reimbursement amount is $10,000 per person per year.
To qualify, you must be part of a group of at least two people jointly investing in internet with speeds of at least 25 Mbps download and 3 Mbps upload.
The credit applies to payments made after the act's enactment date.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_2411
Sponsor: Rep. Kilmer, Derek [D-WA-6]
Process start date: 2021-04-08