Gov. Bullock vetoes bill creating tax abatement for new high-speed broadband

Bullock, a Democrat, said in his veto message Wednesday that the state’s “limited budget does not have room for additional tax breaks like these, that only benefit the largest companies.”

A fiscal analysis of the bill by the Bullock administration said it will cost the state treasury about $600,000 within the next two years, and more after that.

Mike Dennison reporting for MTN News