Sen. Jerry Moran, R-Kan., wants to stretch the broadband dollar as far as possible.
Moran – likely with bipartisan support in the Senate and House – was renewing his effort to pass a bill to ensure that broadband grants from the Infrastructure Investment and Jobs Act and the American Rescue Plan will not be subject to federal taxation.
Moran and Mark Warner, D-Va., alongside Reps. Jimmy Panetta, D-Calif., and Mike Kelly, R-Penn., last Congress introduced the Broadband Grant Tax Treatment Act, legislation that would amend the Internal Revenue Code to exempt broadband deployment grants from the 21% federal corporate income tax.