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Broadband Infrastructure Finance and Innovation Act of 2021

Introduced: March 11, 2021 Introduced by: Luján, Ben Ray Democratic · New Mexico See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 11, 2021
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Mar 11, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now March 11, 2021

Read twice and referred to the Committee on Commerce, Science, and Transportation.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1