(a)(1) Each taxpayer described in subsection (a) of § 12-80a that owns tangible personal property used both to render telecommunications service subject to tax under chapter 219 and to render community antenna television service or a certified competitive video service subject to tax under chapter 219 shall have part of such property taxed as provided in § 12-80a and part of such property exempt from property tax in accordance with § 12-268j.

(2) The portion of such property to be taxed as provided in § 12-80a and the portion exempt under § 12-268j shall be computed on the basis of the taxpayer’s gross receipts from rendering telecommunications service or a certified competitive video service, as defined in chapter 219, and from rendering community antenna television service, as defined in chapter 219, or on some other basis permitted under regulations the commissioner may adopt in accordance with the provisions of chapter 54.

(b) (1) Each taxpayer not described in subsection (a) of § 12-80a that owns tangible personal property used both to render telecommunications service subject to tax under chapter 219 and to render community antenna television service or a certified competitive video service subject to tax under chapter 219 shall have part of such property taxed as provided in this chapter, without regard to § 12-80a, and part of such property exempt from property tax in accordance with § 12-268j.

(2) The portion of such property to be taxed as provided in this chapter, without regard to § 12-80a and the portion exempt under § 12-268j, shall be computed on the basis of the taxpayer’s gross receipts from rendering telecommunications service, as defined in chapter 219, and from rendering community antenna television service or a certified competitive video service, as defined in chapter 219, or on some other basis permitted under regulations the commissioner may adopt in accordance with the provisions of chapter 54.

(c) For purposes of this section, “assessment year” means the assessment year under this chapter.

(d) For purposes of this section, “community antenna television service” shall include service provided by a holder of a certificate of cable franchise authority pursuant to § 16-331p.