Senate Bill 741
117th Congress(2021-2022)
Broadband Infrastructure Finance and Innovation Act of 2021
Introduced
Introduced in Senate on Mar 11, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
741
Congress
117
Policy Area
Science, Technology, Communications
Science, Technology, Communications
Primary focus of measure is natural sciences, space exploration, research policy and funding, research and development, STEM education, scientific cooperation and communication; technology policies, telecommunication, information technology; digital media, journalism. Measures concerning scientific education may fall under Education policy area.
No Senate votes have been held for this bill.
Summary
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.
March 11, 2021
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03/11/2021
Read twice and referred to the Committee on Commerce, Science, and Transportation.
03/11/2021
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:47:42 PM