Mississippi Broadband Technology Development Act; revise equipment definition and speed requirements for certain tax credits and exemptions.

HB 1545 updates Mississippi's tax incentives for broadband deployment by requiring equipment to meet minimum speed standards (35 Mbps down/3 Mbps up for mobile, matching FCC benchmarks for fixed broadband) to qualify for tax credits and property tax exemptions. It maintains tiered tax credits (5-15% based on rural area designation) but extends the property tax exemption period to 10 years for fixed broadband equipment placed in service between 2025-2030 (compared to 5 years for mobile). Telecommunications companies must submit verified equipment specifications, including speed details, to county tax assessors by April 1 each year to claim benefits. The bill, which died in committee in February 2025, would have applied to equipment deployed after June 30, 2025.