To exempt “broadband equipment” used by some internet providers from personal property taxes levied on business tools and equipment. The beneficiaries would be firms claiming to "resolve a lack of broadband service," which is undefined in the bill. For this reason the Senate Fiscal Agency is unable to estimate how much revenue the state and local governments may forego if the bill becomes law.   Official Text and Analysis.

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.