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Broadband Expansion Incentive Act of 2023
SB0547 (HB0551)
Sponsored by: The President (By Request – Administration) and Senators Augustine, Bailey, Beidle, Benson, Carozza, Carter, Corderman, Elfreth, Ellis, Feldman, Folden, Gallion, Gile, Hayes, Hershey, Hester, Hettleman, Jackson, James, Jennings, Kagan, Klausmeier, Lam, McKay, Muse, Ready, Rosapepe, Salling, Sydnor, Waldstreicher, M. Washington, Watson, and West
Synopsis
Allowing a subtraction modification under the Maryland income tax for certain qualified broadband grants awarded during the taxable year for broadband deployment; and providing an exemption from the sales and use tax for the sale of certain equipment related to providing Internet service and deploying broadband.
Utilities
Income Tax – Subtraction Modification – Qualified Broadband Grants
SB408 (HB0442)
Sponsored by: Senators Ready, Carozza, Gallion, Salling, and West
Synopsis
Allowing a subtraction modification under the Maryland income tax for certain qualified broadband grants awarded during the taxable year for broadband deployment.