HR 1700 · 117th Congress · Science, Technology, Communications

Broadband Infrastructure Finance and Innovation Act of 2021

Introduced 2021-03-09· Sponsored by Rep. McNerney, Jerry [D-CA-9]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Communications and Technology.(2021-03-10)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat