summary
Introduced
07/30/2019
07/30/2019
In Committee
07/31/2019
07/31/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
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. 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.
AI Summary
This bill establishes the Broadband Infrastructure Finance and Innovation (BIFIA) program, which will make available loans, loan guarantees, and lines of credit to finance the construction and deployment of broadband infrastructure. The program will be administered by the Assistant Secretary of Commerce for Communications and Information and will provide financing for projects that expand access to broadband services, including in underserved areas and to community institutions like schools and libraries. The bill sets out the eligibility criteria, application and selection process, and terms and conditions for the various financial instruments offered under the program. It also requires reporting to Congress on the program's activities and performance. Overall, the bill aims to facilitate greater investment in broadband infrastructure across the country.
Committee Categories
Business and Industry
Sponsors (30)
Ben Ray Luján (D)*,
Nanette Barragán (D),
G. Butterfield (D),
Tony Cárdenas (D),
Yvette Clarke (D),
Henry Cuellar (D),
Michael Doyle (D),
Eliot Engel (D),
Anna Eshoo (D),
John Garamendi (D),
Debra Haaland (D),
Joseph Kennedy (D),
Ro Khanna (D),
Ann Kuster (D),
David Loebsack (D),
Elaine Luria (D),
Jim McGovern (D),
Jerry McNerney (D),
Gwen Moore (D),
Joe Neguse (D),
Tom O'Halleran (D),
Frank Pallone (D),
Scott Peters (D),
Bobby Rush (D),
Tim Ryan (D),
Jan Schakowsky (D),
Darren Soto (D),
Abigail Spanberger (D),
Paul Tonko (D),
Peter Welch (D),
Last Action
Referred to the Subcommittee on Communications and Technology. (on 07/31/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/4127/all-info |
| BillText | https://www.congress.gov/116/bills/hr4127/BILLS-116hr4127ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr4127/BILLS-116hr4127ih.pdf.pdf |
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