MS HB489

Establishes a state goal for all Mississippi residents and businesses to have access to broadband with minimum download speeds of 10-20 megabits per second and upload speeds of 5-10 megabits per second by no later than 2022.

Authorizes county and municipal governing authorities in areas with median household income below 200% of federal poverty guideline to enter into public-private partnerships with telecommunications providers to deliver broadband services, using local/state funds and Rural Utility Service loans or grants.

Requires the Mississippi Department of Information Technology Services to serve as the telecommunications backbone and central server, with satellite networks established in each congressional district and local school districts serving as local hubs for broadband delivery.

Amends Sections 19-3-41, 21-17-1, and 37-7-301 to authorize county boards of supervisors, municipal governing authorities, and school boards to take actions necessary to implement the broadband initiative.

Brings forward existing broadband tax incentive provisions (Sections 57-87-3, 57-87-5, and 57-87-7) allowing telecommunications enterprises tax credits (5-15%) and ad valorem tax exemptions for broadband equipment deployment in Tier One, Two, and Three areas through July 1, 2020.