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Ferguson Introduces the Broadband SALE Act

Congressman Drew Ferguson (R-Ga.) recently introduced H.R. 1178, the Broadband Stock Acquisition in Local Exchanges (SALE) Act. This legislation would incentivize rural-focused internet service providers with tax advantages that would allow them to buy underinvested networks and expand their gigabit capability.

“Broadband is an essential 21st century infrastructure, and we must ensure that every community – regardless of zip code – has access to this critical tool and the vital economic opportunities it provides,” said Congressman Drew Ferguson. “Broadband delivers fundamental opportunities and by making investments to close the digital divide, folks in rural areas are empowered with greater ability to participate in the workforce and better connect to the healthcare system. Students will also be provided more choices in their education, and rural communities will have more access to compete in the global marketplace. This important legislation presents rural internet service providers with a cost-efficient mechanism to improve existing services and grow broadband infrastructure.”

 

Congressman Drew Ferguson represents the Third Congressional District of Georgia and serves on the Committee on Ways and Means and the House Budget Committee. On the House Ways and Means Committee, he serves as the Chairman of the Subcommittee on Social Security, and is a member of the Subcommittee on Select Revenue Measures – also referred to as the Subcommittee on Tax.

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