To amend the Internal Revenue Code of 1986 to provide a credit against income tax for businesses furnishing broadband services to underserved and rural areas.
Broadband Access Equality Act of 2009 - Amends the Internal Revenue Code to allow a general business tax credit for broadband property installed in underserved and rural areas. Allow a 50% credit for the cost of such property installed in areas in which not more than the greater of 5% of households or 20 households have broadband access and a 30% credit for all other underserved and rural areas. Increases by 10% the rate of such credit for high speed broadband service.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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