King Cosponsors Bipartisan Legislation To Ensure Federal Broadband Grants Are Delivered In Full, Not Taxed
November 17, 2022
November 17, 2022
WASHINGTON, Nov. 17 -- Sen. Angus S. King Jr., I-Maine, issued the following news release:
U.S. Senator Angus King, has cosponsored a bipartisan bill to maximize the historic broadband funding for residents across Maine. The Broadband Grant Tax Treatment Act (BGTTA) would classify broadband funding from the Bipartisan Infrastructure Law and the American Rescue Plan (ARP) as non-taxable income, ensuring that the entirety of federal dollars awarded to companies for the purpose of depl . . .
U.S. Senator Angus King, has cosponsored a bipartisan bill to maximize the historic broadband funding for residents across Maine. The Broadband Grant Tax Treatment Act (BGTTA) would classify broadband funding from the Bipartisan Infrastructure Law and the American Rescue Plan (ARP) as non-taxable income, ensuring that the entirety of federal dollars awarded to companies for the purpose of depl . . .