Broadband for All Act of 2021
Bill: H.R.2411 | Sponsor: Rep. Kilmer, Derek (D-WA)
Policy area: Taxation

Summary:
Broadband for All Act of 2021
This bill allows a refundable tax credit of up to $10,000 per year for 75% of a taxpayer's payments for broadband infrastructure in certain areas (limited broadband districts) that are not served by a provider of qualified broadband service (other than providers using satellite technology). Qualified broadband service is Internet access service at download speeds of at least 25 megabits per second and upload speeds of at least 3 megabits per second.

To amend the Internal Revenue Code of 1986 to provide a tax credit to 
       consumers to reimburse a portion of the cost of broadband 
          infrastructure serving limited broadband districts.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Broadband for All Act of 2021''.

SEC. 2. REFUNDABLE CREDIT FOR COST OF BROADBAND INFRASTRUCTURE SERVING 
              LIMITED BROADBAND DISTRICTS.

    (a) In General.--Subpart C of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 is amended by inserting after 
section 36B the following new section:

``SEC. 36C. COST OF BROADBAND INFRASTRUCTURE SERVING LIMITED BROADBAND 
              DISTRICTS.

    ``(a) In General.--In the case of any member of a limited broadband 
district, there shall be allowed as a credit against the tax imposed by 
this subtitle for the taxable year an amount equal to 75 percent of the 
qualified broadband infrastructure payments with respect to such 
district paid or incurred by such person during such taxable year.
    ``(b) Annual Dollar Limitation.--The credit allowed under 
subsection (a) with respect to any taxpayer for any taxable year shall 
not exceed $10,000.
    ``(c) Definitions.--For purposes of this section--
            ``(1) Limited broadband district.--The term `limited 
        broadband district' means any group of two or more persons if--
                    ``(A) each such person enters into an agreement 
                with a public or private provider of broadband Internet 
                access service under which--
                            ``(i) such provider agrees to provide 
                        qualified broadband service to such person, and
                            ``(ii) such person agrees to pay such 
                        provider for such person's share (determined 
                        pursuant to such agreement) of the provider's 
                        investment in infrastructure necessary to 
                        provide such service, and
                    ``(B) all of the qualified broadband service 
                provided pursuant to such agreements is provided to 
                locations in an unserved broadband community.
            ``(2) Qualified broadband infrastructure payments.--The 
        term `qualified broadband infrastructure payment' means any 
        payment described in paragraph (1)(A)(ii). Such payment may 
        include reasonable interest charges.
            ``(3) Unserved broadband community.--The term `unserved 
        broadband community' means any community that (as of the time 
        the agreement described in paragraph (1) is entered into)--
                    ``(A) is not served by any provider of qualified 
                broadband service (other than providers using satellite 
                technology), and
                    ``(B) obtains a certification from all providers of 
                broadband internet access service that the Federal 
                Communications Commission's most recent Form 477 data 
                collection shows as serving the census blocks in which 
                such community is located, stating that such providers 
                do not offer qualified broadband service to any 
                location within such community.
            ``(4) Qualified broadband service.--The term `qualified 
        broadband service' means broadband Internet access service at 
        download speeds of at least 25 megabits per second and upload 
        speeds of at least 3 megabits per second.
            ``(5) Broadband internet access service.--The term 
        `broadband Internet access service' has the meaning given such 
        term in section 8.2 of title 47, Code of Federal 
        Regulations.''.
    (b) Conforming Amendments.--
            (1) Section 6211(b)(4)(A) of such Code is amended by 
        inserting ``36C,'' after ``36B,''.
            (2) Section 1324(b)(2) of title 31, United States Code, is 
        amended by inserting ``36C,'' after ``36B,''.
            (3) The table of sections for subpart C of part IV of 
        subchapter A of chapter 1 of the Internal Revenue Code of 1986 
        is amended by inserting after the item relating to section 36B 
        the following new item:

Sec. 36C. Cost of broadband infrastructure serving limited broadband 
                            districts.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years ending after the date of the enactment of this 
Act.
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