Sens Cramer, Moran Introduce Bipartisan Legislation to Prevent Taxation of Rural Broadband Grants

Under existing law, federal broadband deployment grants are subject to federal taxation, limiting the funds available for recipients to use. Sen Kevin Cramer (R-ND) Sen Jerry Moran (R-KS) in introducing the Broadband Grant Tax Treatment Act to ensure federal broadband deployment grants are excluded from taxable income, allowing recipients to maximize investments in broadband expansion. Cosponsors of the Broadband Grant Tax Treatment Act include Sens Dan Sullivan (R-AK), Tim Kaine (D-VA), Tommy Tuberville (R-AL), Mark Kelly (D-AZ), Shelley Moore Capito (R-WV), Angus King (I-ME), Roger Wicker (R-MS), Raphael Warnock (D-GA), and Deb Fischer (R-NE).