Vote Smart's Synopsis:

Vote on a conference report to pass a bill that exempts broadband equipment and other forms of property from personal property taxation.

Highlights:

• Exempts the following from tax collection beginning December 31, 2020, including (Sec. 9p):

• Eligible broadband equipment that resolves lack of broadband services provided by a qualified business that has been selected to receive funding to support broadband expansion networks from the FCC; and

• Eligible broadband equipment that resolves lack of broadband service by delivering high-speed internet access at speeds of at least 100 megabits per second downstream and 10 megabits per second upstream.

• Specifies that in order to receive the aforementioned exemption a qualified business must file a statement with the department of treasury specifically describing the equipment needing exemption (Sec. 9p).

• Defines “eligible broadband equipment” as any personal property acquired by a qualified business, such as, but not limited to (Sec. 9p):

• Fiber optic and coaxial cable;

• Conduit;

• Pole attachment;

• Hardware;

• Cabinets;

• Pedestals;

• Amplifiers;

• Routers;

• Servers;

• Multiplexers;

• Antennas; and

• Related equipment.

• Establishes that this act shall take effect 90 days after being signed into law (Sec. 9p).

Full Bill Text

Vetoed by Governor Gretchen Whitmer

Vote Smart's Synopsis:

Vote on a conference report to pass a bill that exempts broadband equipment and other forms of property from personal property taxation.

Highlights:

• Exempts the following from tax collection beginning December 31, 2020, including (Sec. 9p):

• Eligible broadband equipment that resolves lack of broadband services provided by a qualified business that has been selected to receive funding to support broadband expansion networks from the FCC; and

• Eligible broadband equipment that resolves lack of broadband service by delivering high-speed internet access at speeds of at least 100 megabits per second downstream and 10 megabits per second upstream.

• Specifies that in order to receive the aforementioned exemption a qualified business must file a statement with the department of treasury specifically describing the equipment needing exemption (Sec. 9p).

• Defines “eligible broadband equipment” as any personal property acquired by a qualified business, such as, but not limited to (Sec. 9p):

• Fiber optic and coaxial cable;

• Conduit;

• Pole attachment;

• Hardware;

• Cabinets;

• Pedestals;

• Amplifiers;

• Routers;

• Servers;

• Multiplexers;

• Antennas; and

• Related equipment.

• Establishes that this act shall take effect 90 days after being signed into law (Sec. 9p).

Full Bill Text