Digital Divide Elimination Act of 2003
Summary
The Digital Divide Elimination Act of 2003 proposes to make technology more affordable for low-income families by offering a tax credit for the purchase of computers and related equipment. Under this bill, individuals who qualify for the Earned Income Tax Credit could receive a 50% credit on technology purchases, up to a maximum of $500.
Additionally, the bill encourages businesses to donate used or new computer equipment to schools and educational nonprofits by extending and expanding tax deductions for such contributions. The goal of these measures is to increase computer ownership and internet access in underserved communities by reducing financial barriers for both households and educational institutions.
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