Bill > SB413

This bill, the Regional Broadband Franchise Act, establishes a framework for public agencies in New Mexico to form regional broadband franchises. These franchises can lease broadband infrastructure on a wholesale basis to internet or other data transmission service providers, but cannot provide retail services themselves. The bill outlines the governance structure, powers, and bonding authority of these franchises, as well as requirements for coordination with the state's chief broadband officer. The goal is to facilitate the expansion and improvement of broadband infrastructure in the state through collaborative public-private partnerships.

Budget and Finance

https://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=413&year=21