FL S1468

Exempts from Florida sales and use tax the purchase or lease of qualifying equipment by providers of communications services or Internet access services who are fulfilling requirements of a Department of Commerce-administered broadband grant

Qualifying equipment includes equipment, machinery, software, or other infrastructure located within a central office, headend, or hub used to provide communications or Internet access services

Internet access service eligibility requires a minimum consistent speed of 25 megabits per second for download and 3 megabits per second for upload

Excludes from the exemption land, land improvements, office furniture and fixtures, general office equipment, vehicles, customer premise equipment, and distribution facilities beyond the central office, headend, or hub (such as fiber optic cables, amplifiers, and customer drops)

Effective date is July 1, 2024, and the exemption does not apply to the tax on commercial real property rentals levied under s. 212.031