Bennet Joins Bipartisan Legislation to Prevent Taxation of Broadband Grants
Legislation Would Encourage Broadband Deployment By Preventing Grants From Being Considered Taxable Income
Feb 10, 2023
Colorado U.S. Senator Michael Bennet joined U.S. Senators Mark Warner (D-Va.) and Jerry Moran (R-Kan.) in reintroducing the Broadband Grant Tax Treatment Act (BGTTA) — legislation that would amend the Internal Revenue Code to ensure that funding for broadband deployment from the Bipartisan Infrastructure Law (BIL) and the American Rescue Plan (ARP) will not be considered taxable income.