2009 House Bill 5390

Increase broadband infrastructure investment tax credit

Introduced in the House

Sept. 17, 2009

Introduced by Rep. George Cushingberry (D-8)

To increase from 6 percent to 7 percent a credit against the property tax on railroad and telecommunication company tools and equipment for investments in new broadband internet investments. After 2010 the entire credit would be repealed.

Referred to the Committee on Tax Policy