Ad valorem tax; requiring the State Board of Equalization to assess certain broadband property.at certain radio Effective date.

This bill changes how certain property of public service corporations is taxed in Oklahoma. It defines "broadband service providers" and requires the State Board of Equalization to assess property used for wired broadband service in underserved areas at a 15% ratio for tax years 2026 through 2036. This applies to property installed after the bill's effective date in areas with less than 10% broadband coverage, aiming to encourage broadband expansion.

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