Provides real property tax exemptions for last mile broadband infrastructure in designated broadband opportunity areas.

The bill amends the real property tax law to provide exemptions for last mile broadband infrastructure in areas designated as broadband opportunity areas. These areas must be population census tracts containing underserved or unserved broadband serviceable locations. To qualify for the exemption, telecommunication service providers must offer reliable internet service with speeds of at least 100 megabits per second for download and 20 megabits per second for upload. The exemption is granted for a term of ten years, starting from the assessment roll prepared after the taxable status date.

Provides real property tax exemptions for last mile broadband infrastructure in designated broadband opportunity areas.

The bill amends the real property tax law to provide exemptions for last mile broadband infrastructure in areas designated as broadband opportunity areas. These areas must be population census tracts containing underserved or unserved broadband serviceable locations. To qualify for the exemption, telecommunication service providers must offer reliable internet service with speeds of at least 100 megabits per second for download and 20 megabits per second for upload. The exemption is granted for a term of ten years, starting from the assessment roll prepared after the taxable status date.