CO HB1080

Counties, special districts, and school districts may negotiate property tax incentive payments or credits with taxpayers who establish or expand communication services facilities serving unserved or underserved areas, with incentives capped at the amount of property taxes levied on the facility

"Unserved areas" are defined as locations with no broadband service meeting FCC minimum benchmarks; "underserved areas" have only one provider meeting those standards, as determined by FCC broadband coverage maps

Qualified communication services facilities include fixed and mobile broadband infrastructure such as cell towers, fiber optics, routers, servers, and related equipment

Local governments must exercise this authority in a nondiscriminatory, nonexclusive, and competitively neutral manner, awarding subsequent incentives under similar terms based on proportionate investment levels

Updates the existing rural broadband sales tax refund program to streamline administration and eliminate taxation of federal and state broadband deployment grants, which total more than $1 billion in ongoing federal funding to Colorado