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S. 741 117th Congress Senate

Broadband Infrastructure Finance and Innovation Act of 2021

Official title: A bill to establish a broadband infrastructure finance and innovation program to make available loans, loan guarantees, and lines of credit for the constructio… Show full official titleShow less

Official title: 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.

Introduced: March 11, 2021 Introduced by: Ben Ray Luján Democratic · New Mexico See on congress.gov
Science, Technology, Communications AgingAppropriationsCommunity life and organizationCongressional oversight
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Department of CommerceEconomic developmentEducational facilities and institutionsExecutive agency funding and structureGovernment lending and loan guaranteesHealth care coverage and accessHealth facilities and institutionsHigher educationInternet and video servicesInternet, web applications, social mediaLabor standardsLabor-management relationsLaw enforcement administration and fundingLibraries and archivesMuseums, exhibitions, cultural centersPerformance measurementPublic contracts and procurementPublic-private cooperationUnemploymentWages and earnings
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Latest action March 11, 2021

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

 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.

 Related & companion bills 4
  • HR 1783 Accessible, Affordable Internet for All Act
  • S 745 Accessible, Affordable Internet for All Act
  • HR 1848 LIFT America Act
  • HR 1700 Broadband Infrastructure Finance and Innovation Act of 2021
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Peters, Gary C.
Michigan · Mar 11, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 741: Broadband Infrastructure Finance and Innovation Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-741/
MLA
"S. 741: Broadband Infrastructure Finance and Innovation Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-741/.
Bluebook (legal)
S. 741, 117th Cong. (2026), https://openamerica.io/bill/117-S-741/.
Markdown link
[S. 741: Broadband Infrastructure Finance and Innovation Act of 2021](https://openamerica.io/bill/117-S-741/)
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