Bill > HR1020

This bill introduces the Broadening Online Opportunities through Simple Technologies (BOOST) Act, which creates a tax credit to help individuals in areas with inadequate internet access purchase communications signal boosters and related equipment. The bill allows taxpayers to claim a refundable tax credit equal to 75% of their qualified signal booster expenditures, up to $400, for purchasing devices that improve wireless or mobile data signals in "unserved areas" as defined by the Rural Digital Opportunity Fund. Qualified expenditures include communications signal boosters, customer premises equipment for satellite networks, and ground station equipment that helps retransmit broadband internet access signals. Taxpayers can only claim this credit once, and the provision will expire for amounts paid after December 31, 2029. The credit is specifically targeted at individuals living in rural or underserved areas with limited internet connectivity, aiming to help them improve their internet access by subsidizing the cost of signal-boosting technology. The bill requires the Secretary of the Treasury, in consultation with the Federal Communications Commission, to develop regulations and guidance for implementing this tax credit.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/1020/all-info