Broadband Infrastructure Finance and Innovation Act of 2021
- Last Action
- 3/10/2021
Actions
- 2021-03-10Referred to the Subcommittee on Communications and Technology.
- 2021-03-09Referred to the House Committee on Energy and Commerce.
- 2021-03-09Introduced in House
- 2021-03-09Introduced in House
CRS Summary
As of 2021-03-09 (00)
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 requires biennial reports on the financial performance of projects carried out with program assistance.
Cosponsors (1)
- Cynthia Axne (D-IA)
Subjects
- Aging
- Appropriations
- Community life and organization
- Congressional oversight
- Department of Commerce
- Economic development
- Educational facilities and institutions
- Executive agency funding and structure
- Government lending and loan guarantees
- Health care coverage and access
- Health facilities and institutions
- Higher education
- Internet and video services
- Internet, web applications, social media
- Labor standards
- Labor-management relations
- Law enforcement administration and funding
- Libraries and archives
- Museums, exhibitions, cultural centers
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.