A bill to amend 1893 PA 206, entitled “The general property tax act,” (MCL 211.1 to 211.155) by adding section 9q.
Exempts eligible broadband equipment from tax collection under this act, starting December 31, 2023. The exemption applies to equipment used by qualified businesses to expand broadband networks, especially in areas lacking broadband service, and requires these businesses to deliver high-speed internet access at specified speeds. To claim the exemption, a qualified business must provide certification to the Michigan high-speed internet office annually.
Introduced
by
Referred to the Committee on Tax Policy
