HR 1818 · 110th Congress 2007–2009, ended

Broadband Deployment Acceleration Act of 2007

Fact sheet

Latest action · Mar 30, 2007 Sponsor introductory remarks on measure. (CR E725-726)

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMar 29, 2007
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Broadband Deployment Acceleration Act of 2007 - Amends the Internal Revenue Code to permit taxpayers to elect to expense (i.e., deduct all expenses in the current taxable year) qualified broadband expenditures, including installation and connection costs for subscribers in rural or underserved areas.

Permits mutual or cooperative telephone companies to elect to reduce their unrelated business taxable income in any year by the amount of their qualified broadband expenditures.

Directs the Secretary of the Treasury to: (1) designate census tracts identifying rural and underserved areas under this Act; and (2) prescribe regulations for carrying out the purposes of this Act. Prohibits federal or state agencies from adopting regulations and ratemaking procedures that would eliminate or reduce the broadband expense deduction provided by this Act.

Cosponsors 61

Members who signed on, in the order they did. Signatures ran from Mar 29, 2007 to Apr 24, 2008, with 10 there on the day it was introduced.

SeatCosponsorSigned on
D-CAAdam B. SchiffOriginalMar 29, 2007
R-WYBarbara CubinOriginalMar 29, 2007
R-NYJohn R. "Randy" Kuhl Jr.OriginalMar 29, 2007
D-NYJoseph CrowleyOriginalMar 29, 2007
D-NCMike McIntyreOriginalMar 29, 2007
D-CAMike ThompsonOriginalMar 29, 2007
R-OHPaul E. GillmorOriginalMar 29, 2007
R-PAPhil EnglishOriginalMar 29, 2007
D-VARick BoucherOriginalMar 29, 2007
D-WIRon KindOriginalMar 29, 2007
D-CADiane E. WatsonMay 3, 2007
D-NYMaurice D. HincheyMay 3, 2007
D-CAMichael M. HondaMay 3, 2007
D-FLAlcee L. HastingsMay 9, 2007
D-CAAnna G. EshooMay 9, 2007

Actions 3

Everything that happened, newest first.

  1. Mar 30, 2007Sponsor introductory remarks on measure. (CR E725-726)
  2. Mar 29, 2007Introduced in House
  3. Mar 29, 2007Referred to the House Committee on Ways and Means.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Mar 29, 2007Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.