- Modernizing
Bonus Depreciation and Fiber Optic Networks
The following post discusses legal and financial matters and is provided for general informational purposes only. It is not intended to serve as legal or financial advice, particularly with respect to an individual entity’s tax status. Readers should consult qualified legal, accounting, and tax planning professionals for advice as to their specific circumstances.
On July
Playing Defense Under the New BEAD
Under the BEAD Restructuring Policy Notice issued by NTIA on June 6 (“Policy Notice”),[1] state and territory broadband offices must rescind all preliminary and provisional BEAD awards made under the prior rules and must, in very short order, run a single competitive round with a strong preference for providers that promise to
Commerce Department’s New BEAD Reform Notice Upends Structure of Program
This is the first of several planned blogs on the recently released NTIA BEAD Restructuring Policy Notice (“Notice”).
In early March, Department of Commerce Secretary Howard Lutnick paused all funding under the $42.5 billion BEAD program pending a “rigorous review” by the new administration. At that time, the Secretary announced his intention to “rip out”
Broadband Grants Are Still Taxable Income. Will the Broadband Grant Tax Treatment Act Finally Fix It?
In March 2022, we published a blog post explaining that broadband grants are apparently subject to federal income taxation. Three years later, and with $42.5 billion in BEAD grants on the verge of disbursement, nothing has changed.
As discussed in 2022, the taxability of broadband grants seems to be an unplanned quirk of the 2017
FCC Proposes Increased Broadband Availability in the 900 MHz Band
On January 16, 2025, the FCC closed out Jessica Rosenworcel’s term as Chairwoman by releasing a Notice of Proposed Rulemaking (“NPRM”) seeking to expand the use of the 896-901/935-940 MHz (“900 MHz”) band for broadband use. The NPRM builds on the Commission’s 2019 rulemaking, which created a 3/3 MHz broadband allocation at 897.5-900.5/936.5-939.5 MHz and
Treasury Releases Final Version of SLFRF/CPF Supplemental Broadband Guidance
The Treasury Department has released the final version of important compliance guidance applicable to broadband projects funded through SLFRF or CPF awards. The “SLFRF and CPF Supplemental Broadband Guidance” (“Guidance”) addresses several crucial issues relating to the use of SLFRF and CPF funds for broadband projects, including the crucial distinction of ISPs acting
Ten Key Issues for Broadband Network Operating Agreements
While there is no one solution to deploying affordable broadband, broadband partnerships have emerged as an attractive option in many areas of the country; indeed, in some instances, partnerships may be the only feasible option.[1] Recognizing the attractiveness of broadband partnerships, Congress and many states have sought to encourage such partnerships to help accelerate
Treasury Proposes Important New Guidance for SLFRF/CPF Broadband Projects
On March 28, 2023, the Treasury Department issued and invited comments on proposed compliance guidance applicable to broadband projects funded through SLFRF[1] or CPF[2] awards (“Proposed Guidance”).
The Proposed Guidance addresses a variety of important questions relating to the use of SLFRF and CPF funds for broadband projects, including:
- The crucial distinction between
With Billions of Dollars of Broadband Funding at Stake, the Timing of the Challenge Process to the FCC’s Broadband Map Under Increasing Scrutiny
Just over a month ago, the FCC released its pre-production draft of its new Broadband Maps. The initial map is based on service availability data collected from broadband providers through the ongoing Broadband Data Collection (“BDC”) and reflects services available[1] as of June 30, 2022.[2]
The release of the Broadband Map initiated