Broadband Grant Tax Treatment Act

Hozzl · 2024-01-26T08:15:21Z

Explore the details of House Bill 889 Broadband Grant Tax Treatment Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

1/26/2024, 8:15 AM

Congressional Summary of HR 889

Broadband Grant Tax Treatment Act

This bill excludes from gross income, for income tax purposes, certain broadband grants made for broadband deployment.

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Current Status of Bill HR 889

Bill HR 889 is currently in the status of Bill Introduced since February 9, 2023. Bill HR 889 was introduced during Congress 118 and was introduced to the House on February 9, 2023. Bill HR 889's most recent activity was Referred to the House Committee on Ways and Means. as of February 9, 2023

Bipartisan Support of Bill HR 889

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Republican Cosponsors

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Policy Area and Potential Impact of Bill HR 889

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 889

Broadband Grant Tax Treatment ActBroadband Grant Tax Treatment ActTo amend the Internal Revenue Code of 1986 to exclude certain broadband grants from gross income.

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