A bill to establish a broadband infrastructure finance and innovation program to make available loans, loan guarantees, and lines of credit for the construction and deployment of broadband infrastructure, and for other purposes.
Broadband Infrastructure Finance and Innovation Act of 2021
This bill requires the National Telecommunications and Information Administration to make financing available for the construction and deployment of broadband infrastructure through a broadband infrastructure finance and innovation program.
Specifically, the bill provides a means for communities and public-private partnerships to apply for low-interest secured loans, lines of credit, or loan guarantees to finance broadband infrastructure investments. The bill provides funding to carry out the program, and it requires biennial reports on the financial performance of projects carried out with program assistance.
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Referred to the Subcommittee for Indigenous Peoples of the United States.
Referred to the Subcommittee on Communications and Technology.
Introduced in Senate
Read twice and referred to the Committee on Commerce, Science, and Transportation.
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