Broadband Deployment and Telework Incentive Act of 2001
Summary
This bill proposed changes to the federal tax code designed to expand high-speed internet access and encourage remote work. It would have provided employers with a $500 tax credit for each teleworking employee, along with a credit to cover 10% of the costs for necessary remote-work equipment. Additionally, the legislation offered tax deductions and credits to companies for installing broadband infrastructure in both rural and urban areas, with higher incentives for deploying "next generation" high-speed technology.
For everyday citizens, these measures were intended to make it more financially attractive for businesses to allow employees to work from home and to accelerate the rollout of faster internet services in underserved communities. By lowering the cost of equipment and infrastructure, the bill aimed to increase the availability of broadband while reducing commuting requirements for the workforce. The bill was referred to committee upon introduction but did not advance further into law.