H.R. 1020, also known as the "BOOST Act," proposes to amend the Internal Revenue Code of 1986 to provide a tax credit for purchasing communications signal boosters in areas with inadequate broadband access. Individuals can receive a refundable tax credit equal to 75% of the costs, up to $400,...
Simple Explanation
H.R. 1020, called the "BOOST Act," wants to give people in places with really slow internet a special money-back on their taxes to help them buy gadgets that make internet signals stronger, but they can only get back a part of what they spend, up to $400, for one year. The plan to help ends in 2029, and it might not help everyone who needs it or keep up with new technology.