US EditionBEAD Tax Bill Costs $2.5 Billion in First Six Years, Analysis Shows
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BEAD Tax Bill Costs $2.5 Billion in First Six Years, Analysis Shows
WASHINGTON, March 18, 2025 – A proposal to exempt federal broadband grants from taxation could cost the federal government $2.5 billion in lost revenue over the first six years, according to a 2023 analysis by the Joint Committee on Taxation.Sen. Jerry Moran, R-Kan., previously estimated his Broadband Grant Tax Treatment Act would cost around $400 million in lost revenue. However, the JCT report projected a much larger fiscal impact, estimating …
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