February 10, 2023
Manchin, Capito Introduce Legislation to Prevent Taxation of Broadband Grants
Washington, DC – U.S. Senators Joe Manchin (D-WV) and Shelley Moore
Capito (R-WV) joined a bipartisan group to reintroduce
the Broadband Grant Tax Treatment Act (BGTTA). The legislation would
amend the Internal Revenue Code to ensure
funding for broadband deployment from the Infrastructure Investment
and Jobs Act (IIJA) and the American Rescue Plan (ARP) will not
be considered taxable income.
“Access to affordable,
reliable broadband is vital to the success and growth of our communities across
West Virginia,” Senator Manchin said. “That’s why I helped author
both the $65 billion broadband provisions in the Bipartisan Infrastructure Law and the $48 billion broadband provisions in
the American Rescue Plan to
provide historic funding to expand Internet access for all West Virginians,
regardless of where they live across our great state. I’m proud to cosponsor
this bipartisan, bicameral legislation to ensure the full amount of these
critical grants are invested in expanding broadband access and I will continue
fighting to promote the full participation of all West Virginians in today’s
digital economy.”
“When Congress funded grant
programs to help deploy broadband in underserved states like West Virginia, it
was intended for all of those funds to be used for exactly that purpose – for
broadband deployment,” Senator Capito said. “Taxing federal
broadband grants as gross income undermines our intent for these programs and
would further delay efforts to close the digital divide in areas that need
broadband connectivity the most. I’m proud to join my colleagues to reintroduce
this legislation, and will continue to work toward solutions that help us close
the digital divide in West Virginia and rural America.”
Grants awarded for the purposes of broadband deployment are currently factored
into a company’s income and are subject to taxation. This bipartisan
legislation moves to exclude broadband deployment grants awarded through the IIJA and ARP from an organization’s income, ensuring the entirety of federal
dollars awarded to companies for the purpose of deploying broadband around the
country can be used wholly for that purpose, rather than making their
way back to the government through taxes.
Senators Manchin and Capito
were joined by Senators Mark Warner (D-VA), Jerry Moran (R-KS), Tim Kaine (D-VA),
Roger Wicker (R-MS), Raphael Warnock (D-GA), Kevin Cramer (R-ND), Angus King
(I-ME), James Risch (R-ID), Mark Kelly (D-AZ.), Tommy Tuberville (R-AL.), Kyrsten
Sinema (I-AZ), Lisa Murkowski (R-AK), Bob Menendez (D-NJ), Michael Bennet (D-CO)
and Tammy Baldwin (D-WI).
The full text of the legislation is
available here.
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