H.R.3999 - Rural Broadband Connectivity Act of 2019116th Congress (2019-2020) |
|Sponsor:||Rep. Bergman, Jack [R-MI-1] (Introduced 07/25/2019)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 07/25/2019 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.3999 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (07/25/2019)
Rural Broadband Connectivity Act of 2019
This bill allows a business-related tax credit for up to 30% of the cost of qualified broadband property in a qualified rural census tract. The bill imposes a limit on the amount of such credit based upon the number of potential customers residing in a rural area and served by the broadband project (multiplied by $170).
A qualified rural census tract must be underserved and have less than 50% of its residents with access to broadband service.