(NASHVILLE, Tenn.) — Tennessee Governor Bill Lee has signed an initiative sponsored by State Representative Rick Tillis (R-Lewisburg) that slashes taxes on rural broadband service providers.
House Bill 605 is a part of comprehensive, Republican-led plan to support rural broadband deployment by eliminating approximately $2.5 million in sales tax on fiber optic cable.
The measure builds upon recent efforts to provide reliable broadband internet services to underserved or unserved areas of the state through business investment and deregulation as part of the Tennessee Broadband Accessibility Act, which passed during the 110th General Assembly.
“We must continue to support the efforts of our providers who are determined to increase access to reliable broadband services, especially in our rural Tennessee communities, and House Bill 605 will help us accomplish this important goal,” said Representative Tillis. “These services are critical to our current and future economic development and success across all regions of this state. I appreciate Governor Lee’s support of this initiative, and I am thankful he signed my bill into law.”
Rick Tillis is the House Majority Whip for the 111th Tennessee General Assembly. He is also a member of the House Finance, Ways, & Means, House Local, and House State Committees, as well as the House Departments & Agencies and House Elections & Campaign Finance Subcommittees. Tillis lives in Lewisburg and represents Tennessee House District 92, which includes Marshall and parts of Franklin, Lincoln, and Marion Counties.