United States 119th Congress Status: In Committee Bipartisan · 9 R · 6 D · 1 I cosponsors

S 674 — Broadband Grant Tax Treatment Act

Last action — Read twice and referred to the Committee on Finance.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced February 20, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 42% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 16 sponsors

    1 primary, 15 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 3 parties (9 R · 6 D · 1 I) — cross-party backing.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Broadband Grant Tax Treatment ActThis bill excludes from gross income (for federal tax purposes) certain grants received for broadband deployment.As background, contributions of capital to a corporation generally are not taxable income. However, under an exception enacted in 2017 by the Tax Cuts and Jobs Act, grants from a government or civic organization are not contributions to capital and, thus, treated as taxable income. Prior to the Tax Cuts and Jobs Act, the Internal Revenue Service (IRS) considered certain grants from a government or civic organization contributions of capital and, thus, not taxable income.The bill specifically excludes from gross income grants received for broadband deployment from theNational Telecommunications and Information Administration (NTIA) Broadband Equity, Access, and Deployment Program;NTIA State Digital Equity Capacity Grant Program;NTIA Digital Equity Competitive Grant Program;NTIA Enabling Middle Mile Broadband Infrastructure Program;Department of Agriculture ReConnect Program;Coronavirus State and Local Fiscal Recovery Funds and the Coronavirus Capital Projects Fund; andNTIA Tribal Broadband Connectivity Program and the Broadband Infrastructure Program.The bill also requires the IRS to issue guidance on the exclusion from gross income of such grants.The bill applies to funds received in tax years ending after March 11, 2021.

Bill Text

Action History

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Finance.

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 15 co-sponsors · 531 not signed on

Sponsors (1)

Co-sponsors (15)

Not signed on (531)

531 members have not signed on to this bill.

Show all 531 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation technology
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S 674 do?
Broadband Grant Tax Treatment ActThis bill excludes from gross income (for federal tax purposes) certain grants received for broadband deployment.As background, contributions of capital to a corporation generally are not taxable income. However, under an exception enacted in 2017 by the Tax Cuts and Jobs Act, grants from a government or civic organization are not contributions to capital and, thus, treated as taxable income. Prior to the Tax Cuts and Jobs Act, the Internal Revenue Service (IRS) considered certain grants from a government or civic organization contributions of capital and, thus, not taxable income.The bill specifically excludes from gross income grants received for broadband deployment from theNational Telecommunications and Information Administration (NTIA) Broadband Equity, Access, and Deployment Program;NTIA State Digital Equity Capacity Grant Program;NTIA Digital Equity Competitive Grant Program;NTIA Enabling Middle Mile Broadband Infrastructure Program;Department of Agriculture ReConnect Program;Coronavirus State and Local Fiscal Recovery Funds and the Coronavirus Capital Projects Fund; andNTIA Tribal Broadband Connectivity Program and the Broadband Infrastructure Program.The bill also requires the IRS to issue guidance on the exclusion from gross income of such grants.The bill applies to funds received in tax years ending after March 11, 2021.
Who sponsors S 674?
S 674 is sponsored by Moran, Jerry (Republican), Warner, Mark R. (Democratic), Sullivan, Dan (Republican), Kaine, Tim (Democratic), Tuberville, Tommy (Republican), Kelly, Mark (Democratic), Capito, Shelley Moore (Republican), King, Angus S., Jr. (Independent), Wicker, Roger F. (Republican), Warnock, Raphael G. (Democratic), Cramer, Kevin (Republican), Fischer, Deb (Republican), Baldwin, Tammy (Democratic), Murkowski, Lisa (Republican), Risch, James E. (Republican), and Bennet, Michael F. (Democratic).
What is the current status of S 674?
This bill is in committee in the Senate. Introduced February 20, 2025. It must pass committee before a floor vote.
Where can I track S 674?
Track S 674 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on S 674

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of S 674

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →