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S. 160

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to allow the expensing of broadband Internet access expenditures, and for other purposes.
About This Bill
Committee
Latest Action · January 14, 2003
Read twice and referred to the Committee on Finance.
Congress
108th (2003–2005)
Introduced
January 14, 2003
Cosponsors (17)
10D 7R
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Summary

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Amends the Internal Revenue Code to: (1) permit any qualified broadband expenditure which is paid or incurred by the taxpayer to be treated as an expense which is not chargeable to capital account; and (2) any expenditure so treated to be allowed as a deduction. Defines terms and sets forth rules.

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