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HR 760 111th Congress House Science, Technology, Communications Administrative law and regulatory procedures Broadcasting, cable, digital technologies Business records Department of Commerce Federal Communications Commission (FCC) Financial services and investments Income tax credits Infrastructure development Internet and video services Internet, web applications, social media Securities Small business

Advanced Broadband Infrastructure Bond Initiative of 2009

Introduced: January 28, 2009 See on congress.gov
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 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 2, 2009
Referred to the Subcommittee on Communications, Technology, and the Internet.
Jan 28, 2009
Referred to House Energy and Commerce
Jan 28, 2009
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 28, 2009
Referred to House Ways and Means
Jan 28, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Advanced Broadband Infrastructure Bond Initiative of 2009 - Amends the Internal Revenue Code to allow a tax credit for investment in qualified advanced broadband infrastructure bonds. Limits the issuance authority for such bonds in 2009, 2010 and 2011 to $1 billion for state and local government issuers and $10 billion for all other issuers. Requires the use of bond proceeds to finance broadband infrastructure projects to provide residential or small business consumers with high-speed access to the Internet.

Amends the National Telecommunications and Information Administration Organization Act to require the National Telecommunications and Information Administration in the Department of Commerce to: (1) approve requests for qualified advanced broadband infrastructure projects; (2) monitor the implementation of such projects; and (3) make determinations regarding increases in the transmission speed requirements of the advanced broadband infrastructure bond program.

What's happening now February 2, 2009

Referred to the Subcommittee on Communications, Technology, and the Internet.

 Committees of jurisdiction 3
 Cosponsors 3
All 3 Democratic 2 Republican 1