Introduced by Sen. Aric Nesbitt (R) on January 26, 2021
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.
Referred to the Senate Energy and Technology Committee on January 26, 2021
Reported in the Senate on February 10, 2021
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.