The bill proposes an amendment to Minnesota Statutes 2024, section 297A.68, to provide a sales and use tax exemption for fiber and conduit used in broadband and Internet access services. Specifically, it introduces a new subdivision, Subd. 35b, which states that fiber and conduit purchased or leased for direct use by broadband or Internet service providers, primarily for the provision of services that will be sold at retail, will be exempt from taxation, unless already exempt under a previous subdivision.

Additionally, the bill specifies that this exemption will be effective for sales and purchases made after July 1, 2025. This legislative change aims to support the expansion of broadband infrastructure by reducing the financial burden on service providers, thereby promoting better access to Internet services for consumers.

Statutes affected:
Introduction: 297A.68