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MN SF1063
MN SF1063Exemption provision for fiber and conduit used in broadband and Internet access services
summary
Introduced
02/01/2023
02/01/2023
In Committee
02/01/2023
02/01/2023
Crossed Over
Passed
Dead
05/20/2024
05/20/2024
Introduced Session
93rd Legislature 2023-2024
Bill Summary
A bill for an act relating to taxation; sales and use; providing an exemption for fiber and conduit used in broadband and Internet access services; appropriating money; amending Minnesota Statutes 2022, section 297A.68, by adding a subdivision.
AI Summary
This bill provides an exemption from Minnesota's sales and use tax for fiber and conduit purchased or leased by broadband or internet service providers for the provision of broadband or internet access services. The exemption is retroactive to July 1, 2017, and the bill also appropriates funds from the general fund to allow the state to issue refunds for taxes paid on such purchases during this period. The bill is intended to encourage investment in broadband infrastructure and improve access to high-speed internet services across the state.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Author added Nelson (on 03/09/2023)
Taxonomy
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Space, Science, Technology, and Communications
- ‐ Internet and Computer Issues
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1063&ssn=0&y=2023 | 01/31/2023 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1063&version=0&session=ls93&session_year=2023&session_number=0&format=pdf | 01/31/2023 |
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