Broadband Cable Association of Pennsylvania

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Oregon lawmakers may rescind a tax break that was meant to encourage companies to offer high-speed internet, less than three years after legislators voted unanimously to establish it. Losing the exemption would cost Comcast up to $15 million a year in taxes and Frontier Communications about $2.5 million, according to state estimates. That money will go instead to Oregon cities and counties, which lobbied for the repeal. The state Legislature acted in 2015 at the behest of Google Fiber, which said it wouldn't offer its high-speed service in Portland unless Oregon exempted that company from an unusual tax assessment. Lawmakers created the tax exemption for any company that offered internet service at 1 gigabit per second - that's 1,000 megabits per second, 40 times the federal broadband standard. Google lost interest in Portland in 2016, though, and abandoned plans to serve the city. Meanwhile, Comcast and Frontier moved to capitalize.

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