Committee Adopts Amendment for Rural Broadband Equipment Sales‑Tax Exemption
Apr 19, 2021
The Revenue & Tax Committee adopted an amendment to Senate Bill 605 to limit a sales‑tax exemption for broadband equipment to counties with populations of 20,000 or fewer; DFA estimated a $2.0M first‑year (9‑month) state revenue reduction and a $2.6M full‑year impact.
The full story
Senate Bill 605, sponsored by Senator Mark Johnson (Senate, Dist. 15), advanced after the committee adopted an amendment carving out eligibility for counties with populations at or below 20,000. The bill would exempt from sales tax broadband equipment costs paid from company funds (excluding equipment paid with CARES Act or similar grant funds) to encourage deployment in rural, underserved areas.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in →