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Broadband Infrastructure Finance and Innovation Act of 2021
1/11/2023, 1:47 PM
Congressional Summary of S 741
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.
Read the Full Bill
Current Status of Bill S 741
Bill S 741 is currently in the status of Bill Introduced since March 11, 2021. Bill S 741 was introduced during Congress 117 and was introduced to the Senate on March 11, 2021. Bill S 741's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. as of March 11, 2021
Bipartisan Support of Bill S 741
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 741
Primary Policy Focus
Science, Technology, CommunicationsPotential Impact Areas
- Aging
- Appropriations
- Community life and organization
- Congressional oversight
- Department of Commerce
- Economic development
- Educational facilities and institutions
- Executive agency funding and structure
- Government lending and loan guarantees
- Health care coverage and access
- Health facilities and institutions
- Higher education
- Internet and video services
- Internet, web applications, social media
- Labor standards
- Labor-management relations
- Law enforcement administration and funding
- Libraries and archives
- Museums, exhibitions, cultural centers
- Performance measurement
- Public contracts and procurement
- Public-private cooperation
- Unemployment
- Wages and earnings
Alternate Title(s) of Bill S 741
Broadband Infrastructure Finance and Innovation Act of 2021
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.
Broadband Infrastructure Finance and Innovation Act of 2021
Comments
Sponsors and Cosponsors of S 741
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