Legislation - SB0774

Title: Property Tax - Payment in Lieu of Taxes Agreements - Broadband Service Providers
Sponsored by: Senators Hershey and Zucker
Status: In the House - Third Reading Passed (137-2)
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Authorizing the governing body of a county to enter into a payment in lieu of taxes agreement with a provider of broadband service located in the county for property located in the county and owned by the provider; requiring that an agreement for a negotiated payment in lieu of taxes specify the amount to be paid each year and exempt all or part of the providers real and personal property in the county from county property tax; and applying the Act to all taxable years beginning after June 30, 2025.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0969

Bill File Type: Regular

Effective Date(s): June 1, 2025

History

Legislation History
Chamber Senate Calendar Date 1/31/2025 Legislative Date 1/27/2025 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Property Tax - Valuation of Operating Property of Rural Broadband Service Providers Proceedings
Chamber Senate Calendar Date 2/03/2025 Legislative Date 2/03/2025 Action Hearing 2/25 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/14/2025 Legislative Date 2/14/2025 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/14/2025 Legislative Date 2/14/2025 Action Hearing 2/26 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/17/2025 Legislative Date 2/17/2025 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/17/2025 Legislative Date 2/17/2025 Action Hearing 2/26 at 2:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/10/2025 Legislative Date 3/10/2025 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/11/2025 Legislative Date 2/21/2025 Action Favorable with Amendments {803624/1 Adopted Proceedings 41 Click to view Recorded Media
Chamber Senate Calendar Date 3/11/2025 Legislative Date 2/21/2025 Action Second Reading Passed with Amendments Proceedings 41 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Property Tax - Payment in Lieu of Taxes Agreements - Broadband Service Providers Proceedings
Chamber Senate Calendar Date 3/12/2025 Legislative Date 2/23/2025 Action Third Reading Passed (47-0) Proceedings 43 Click to view Recorded Media
Chamber House Calendar Date 3/13/2025 Legislative Date 3/02/2025 Action Referred Ways and Means Proceedings 42 Click to view Recorded Media
Chamber House Calendar Date 3/17/2025 Legislative Date 3/17/2025 Action Hearing 3/25 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/25/2025 Legislative Date 3/25/2025 Action Hearing canceled Proceedings
Chamber House Calendar Date 3/25/2025 Legislative Date 3/25/2025 Action Hearing 3/26 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/26/2025 Legislative Date 3/26/2025 Action Hearing canceled Proceedings
Chamber House Calendar Date 3/26/2025 Legislative Date 3/26/2025 Action Hearing 3/26 at 2:15 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/02/2025 Legislative Date 4/02/2025 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 4/02/2025 Legislative Date 3/17/2025 Action Favorable Adopted Second Reading Passed Proceedings 57 Click to view Recorded Media
Chamber House Calendar Date 4/03/2025 Legislative Date 3/19/2025 Action Third Reading Passed (137-2) Proceedings 59 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/31/2025	1/27/2025	First Reading Budget and Taxation
			Text - First - Property Tax - Valuation of Operating Property of Rural Broadband Service Providers
Senate	2/03/2025	2/03/2025	Hearing 2/25 at 1:00 p.m.
Senate	2/14/2025	2/14/2025	Hearing canceled
Senate	2/14/2025	2/14/2025	Hearing 2/26 at 1:00 p.m.
Senate	2/17/2025	2/17/2025	Hearing canceled
Senate	2/17/2025	2/17/2025	Hearing 2/26 at 2:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/10/2025	3/10/2025	Favorable with Amendments Report by Budget and Taxation
Senate	3/11/2025	2/21/2025	Favorable with Amendments {803624/1 Adopted	41 Click to view Recorded Media
Senate	3/11/2025	2/21/2025	Second Reading Passed with Amendments	41 Click to view Recorded Media
			Text - Third - Property Tax - Payment in Lieu of Taxes Agreements - Broadband Service Providers
Senate	3/12/2025	2/23/2025	Third Reading Passed (47-0)	43 Click to view Recorded Media
House	3/13/2025	3/02/2025	Referred Ways and Means	42 Click to view Recorded Media
House	3/17/2025	3/17/2025	Hearing 3/25 at 1:00 p.m.
House	3/25/2025	3/25/2025	Hearing canceled
House	3/25/2025	3/25/2025	Hearing 3/26 at 1:00 p.m.
House	3/26/2025	3/26/2025	Hearing canceled
House	3/26/2025	3/26/2025	Hearing 3/26 at 2:15 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	4/02/2025	4/02/2025	Favorable Report by Ways and Means
House	4/02/2025	3/17/2025	Favorable Adopted Second Reading Passed	57 Click to view Recorded Media
House	4/03/2025	3/19/2025	Third Reading Passed (137-2)	59 Click to view Recorded Media

File Code

Subjects

Statutes