COALITION PROPOSES INDUSTRY-WIDE
VOLUNTARY MARKET-BASED TRANSACTIONS
ENCOURAGED WITH GOVERNMENT TAX-CREDIT INCENTIVES
IN SUPPORT OF THE NATIONAL BROADBAND PLAN GOALS
"AN HONORABLE AND PROFITABLE EXIT FOR THOSE THAT WANT TO LEAVE BROADCAST TV AND/OR REINVEST INTO NEW SPECTRUM-BASED BUSINESSES."
FROM THE COALITION CONCEPT PAPER TO CONGRESS...
For tax calendar year 2016, the Federal government can authorize "Non-refundable Investment Tax Credits" to spur the purchase of LPTV and TV translator low-band spectrum. To obtain the tax-credits, purchasing investors would be required to surrender the license and permits to the FCC for them to be held for unlicensed use, and/or a potential eventual auction if and when needed. The tax credits could be used as ordinary offsets to taxes, or possibly if reinvested into projects in support of the National Broadband Plan, which then could receive an additional tax credit benefit.
DOWNLOAD THE COALITION PROPOSAL TO CONGRESS