Congress is out of session until Monday, November 9 for the midterm campaign. No new roll-call votes until then; the last were the House on Sep 16 and the Senate on Sep 30.

H.R. 1178 · 118th Congress · Taxation

Broadband SALE Act

Died in committee1.5k words Introduced Feb 24, 2023 · Latest action Feb 24, 2023

FollowRead the text
How far it has goneStopped at 2 of 6 · Died in committee
  1. IntroducedFeb 24, 2023 Done
  2. CommitteeDied Jan 3, 2025 Stopped here
  3. House floorNot yet Not reached yet
  4. Senate floorNot yet Not reached yet
  5. Chambers agreeNot yet Not reached yet
  6. PresidentNot yet Not reached yet

What it does

This bill allows an exclusion from gross income, for income tax purposes, of gain from the sale or exchange of the entire interest in a wholly-owned rural incumbent local exchange carrier. A rural incumbent local exchange carrier is a carrier that serves (1) an area where it was required to provide communications services by a specified date to any customer regardless of cost, and (2) an area other than an urbanized area with not fewer than 50,000 people and a core where there are not fewer than 1,000 people per square mile. The bill requires recapture of tax for income from the sale or exchange of stock in a carrier not held for at least one year.

The bill allows an investment tax credit for 30% of expenditures to purchase, maintain, or improve property to provide voice telephone service or broadband internet access in rural empowerment zones.

Congressional Research Service · summary of “Introduced in House” version · Feb 24, 2023

Who lobbies on it

2 organizations · 23 filings · Q1 2023–Q4 2024

One square per quarter since introduction, oldest left. Filled = named it that quarter.

  1. United States Telecom Association 8 of 8 quarters
    “General lobbying on the following issue areas: Section 224 of the Communications Act (House and Senate); net neutrality (House and Senate); oversight of the Federal Communications Commission (House and Senate); privacy (House and Senate); cybersecurity (House and Senate); robocalling (House and Senate); broadband…”

    Q4 2024 filing · $2.3M lobbying spend in 2024, all issues

  2. Ncta - the Internet & Television Association 7 of 8 quarters
    “-HR 43 - Rural Broadband Window of Opportunity Act - all provisions related to cable. -HR 682 - Launch Communications Act - all provisions related to cable. -HR 742 - TELL Act - all provisions related to cable. -HR 821 - Social Media Child Protection Act - all provisions related to cable. -HR 922 - RURAL Broadband Act…”

    Q3 2024 filing · $14.2M lobbying spend in 2024, all issues

Organizations that named H.R. 1178 in a quarterly lobbying report. Covers organizations with a PAC on file; reports from organizations without one aren’t loaded yet. Spend is the organization’s total across all issues: reports don’t split spending by bill. Source: Senate lobbying disclosures (LD-2) from lda.gov; quotes are word for word from the “specific lobbying issues” field.

Actions

2 actions · newest first
  1. Feb 24, 2023Referred to the House Committee on Ways and Means.
  2. Feb 24, 2023Introduced in House