Bill Summary & Status for the 107th Congress

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S.150
Title: A bill to amend the Internal Revenue Code of 1986 to provide an incentive to ensure that all Americans gain timely and equitable access to the Internet over current and future generations of broadband capability.
Sponsor: Sen Kerry, John F. [MA] (introduced 1/23/2001)      Cosponsors: (none)
Latest Major Action: 1/23/2001 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions)
1/23/2001:
Read twice and referred to the Committee on Finance.
COMMITTEE(S):
RELATED BILL DETAILS:

***NONE***

AMENDMENT(S):

***NONE***

COSPONSOR(S):

***NONE***

SUMMARY AS OF:
1/23/2001--Introduced.

Broadband Deployment Act of 2001 - Amends the Internal Revenue Code to establish the broadband credit which shall be equal to ten percent of the qualified expenditures incurred with respect to qualified equipment offering broadband services to underserved subscribers.