H.R. 1873
119th CONGRESS 1st Session
To amend the Internal Revenue Code of 1986 to exclude certain broadband grants from gross income.
IN THE HOUSE OF REPRESENTATIVES · March 5, 2025 · Sponsor: Mr. Kelly of Pennsylvania · Committee: Committee on Ways and Means
Table of contents
Sec. 139J. Certain broadband grants.
- (a) In general
- Gross income shall not include any qualified broadband grant made for purposes of broadband deployment.
- (b) Denial of double benefit
- Notwithstanding any other provision of this subtitle, no deduction or credit shall be allowed for, or by reason of, any expenditure to the extent of the amount excluded under subsection (a) for any qualified broadband grant which was provided with respect to such expenditure. The adjusted basis of any property shall be reduced by the amount excluded under subsection (a) which was provided with respect to such property.
- (c) Qualified broadband grant
- For purposes of this section, the term
qualified broadband grantmeans—- any grant or subgrant received under the Broadband Equity, Access, and Deployment Program established under section 60102 of the Infrastructure Investment and Jobs Act,
- any grant or subgrant received under the State Digital Equity Capacity Grant Program established under section 60304 of such Act,
- any grant received under the Digital Equity Competitive Grant Program established under section 60305 of such Act,
- any grant received under section 60401 of such Act (relating to middle mile grants),
- any grant received—
- under the broadband loan and grant pilot program established by section 779 of under the Rural Electrification Act of 1936; and Public Law 115–141
- from funds made available for such program under the heading under the heading under title I of division J of the Infrastructure Investment and Jobs Act,
Distance Learning, Telemedicine, and Broadband ProgramRural Utilities Service
- any grant received from a State, territory, Tribal government, or unit of local government to the extent such grant was—
- funded by amounts provided to the State or local government under section 602, 603, or 604 of the Social Security Act, and
- provided for the stated purposes of making investments in broadband infrastructure, or
- any grant or subgrant received under section 905 of division N of the Consolidated Appropriations Act, 2021.
- For purposes of this section, the term
- (d) Regulations
- The Secretary shall issue such regulations or other guidance as may be necessary or appropriate to carry out the purposes of this section.