To amend the Internal Revenue Code of 1986 to allow a refundable credit against tax for the purchase of communications signal boosters in areas with inadequate broadband internet access service, and for other purposes.
Broadening Online Opportunities through Simple Technologies Act or the BOOST Act
This bill establishes a new refundable tax credit, through 2029, for expenses paid to purchase a Wi-Fi signal booster for use in a principal residence. (Some limitations apply.)
The bill allows a taxpayer located in an unserved area a one-time, refundable tax credit for 75% (up to $400) of expenses paid to purchase
Under the bill, an unserved area is defined as an area eligible for certain funding under the Rural Digital Opportunity Fund (generally areas where internet speeds are below 25 megabits per second for downloading and 3 megabits per second for uploading).
Finally, under the bill, the Department of the Treasury is required to issue regulations and guidance on the new tax credit and a program for sellers of signal boosters to voluntarily report sales of such devices in unserved areas.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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