MS HB1621

Extends the sales tax exemption on equipment used in broadband technology deployment by telecommunications enterprises from July 1, 2013, to July 1, 2020, under Section 27-65-101.

Extends the ad valorem tax exemption for the same broadband equipment from July 1, 2013, to July 1, 2020, under Section 57-87-7, with a 10-year exemption period after equipment is placed in service.

Maintains differential exemption levels: 50% tax exemption for equipment installed in Tier One areas and full exemption for equipment installed in Tier Two and Tier Three areas.

Defines "equipment used in the deployment of broadband technologies" as equipment capable of transmitting information at 384 kilobits per second or higher, including switches, routers, servers, fiber optics, and related equipment.

Takes effect July 1, 2013.