MI HB4141

Exempts eligible broadband equipment from property tax collection beginning December 31, 2017.

Defines broadband service as internet access capable of transmitting data at minimum 50 megabits per second download speed and 5 megabits per second upload speed.

Eligible broadband equipment includes asynchronous transfer mode switches, digital subscriber line access multiplexers, routers, servers, multiplexers, fiber optics, and related equipment used to provide broadband service.

Equipment must be first installed or used after December 31, 2015 and have been in use for no more than 10 years to qualify for exemption.

Applies to qualified businesses providing terrestrial broadband service, including telecommunications carriers, commercial mobile service carriers, cable operators, and video service providers.