SPONSOR: Diehl
This bill adds machinery and equipment used to provide broadband communications service to the definition of "tangible personal property" for the purposes of property taxation. The bill also creates a new subclass of tangible personal property that includes machinery and equipment used to provide broadband communications service, such property will be assessed at 12% of its true value in money.
This bill is similar to SB 1202 (2026).
Statutes affected: