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BEAD

Senate Bill Would Shield BEAD Grants from Federal Taxation

Would exclude broadband deployment grants from corporate taxable income

Blake Ledbetter

Blake Ledbetter

— 1 min read
Senate Bill Would Shield BEAD Grants from Federal Taxation
Photo of Sen. Mark Warner, D-Va., and colleagues from Facebook

WASHINGTON, Feb. 25, 2025 – There is bipartisan support for a plan to make sure broadband grants are solely used for deployment purposes.

Sens. Mark Warner, D-Va., and Jerry Moran, R-Kan. Monday introduced bipartisan legislation that would ensure broadband deployment grants funded through the Broadband Equity, Access, and Deployment (BEAD) Program and the American Rescue Plan are not taxable income for companies.

The bill would get rid of grant money being recycled back to the government through corporate taxes, and ensure that providers will be able to direct the entirety of its funds toward broadband projects.

Post tagged in
BEAD Congress broadband deployment Broadband Grant Tax Treatment Act mark warner Jerry Moran Infrastructure Investment and Jobs Act American Rescue Plan Senate Howard Lutnick Tim Kaine Mark Kelly Shelley Moore Capito

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