Tax Benefits for High-Speed Internet Investments in Underserved Areas.
This act aims to accelerate access to high-speed internet in areas currently lacking it. It introduces tax benefits for companies investing in broadband infrastructure, which could mean better internet for residents and businesses in these regions. As a result, citizens may gain access to online services, education, and remote work opportunities.
Key points
Creation of "Gigabit Opportunity Zones" in low-income areas with poor internet access, designated by state authorities.
Companies investing in these zones can defer capital gains taxes and immediately deduct investment costs.
Possibility of financing broadband projects through special bonds, facilitating the construction of new internet infrastructure.
Introduction of a uniform model for state regulations to simplify and accelerate broadband network deployment.
Expired
Citizen Poll