Thursday, February 12, 2009

Broadband Tax Credit Cut From Stimulus Bill - Bits Blog - NYTimes.com

The initial draft of the tax credit raised eyebrows because it appeared to favor Verizon Communications. Mr. Rockefeller later proposed a new version of the credit that restricted the benefits to companies installing new service in rural or unserved areas. But this change didn’t make it into the final Senate version. As the House didn’t propose any tax credits for broadband service, the entire concept is said to have been dropped in the negotiations between the House and Senate.
Broadband Tax Credit Cut From Stimulus Bill - Bits Blog - NYTimes.com

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