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Bill > HF175


MN HF175

MN HF175
Sales and use tax exemption provided for fiber and conduit used in broadband and Internet access services.


summary

Introduced
02/10/2025
In Committee
02/10/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

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; amending Minnesota Statutes 2024, section 297A.68, by adding a subdivision.

AI Summary

This bill creates a new sales tax exemption for fiber and conduit (physical infrastructure used to transmit internet signals) purchased or leased by broadband and internet service providers. Specifically, the exemption applies to these materials when they are used directly by providers to offer broadband or internet access services that will ultimately be sold to retail customers. The tax exemption will take effect for sales and purchases made after July 1, 2025. By providing this tax break, the bill aims to potentially reduce the cost of expanding internet infrastructure by lowering the tax burden on providers when they invest in the physical components needed to deliver internet services. The exemption is an addition to Minnesota's existing sales tax statutes and complements any other existing tax exemptions for similar telecommunications infrastructure.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduction and first reading, referred to Taxes (on 02/10/2025)

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