S 741 · 117th Congress 2021–2023, ended

Broadband Infrastructure Finance and Innovation Act of 2021

Fact sheet

Latest action · Mar 11, 2021 Read twice and referred to the Committee on Commerce, Science, and Transportation.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMar 11, 2021
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

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.

Cosponsors 1

Members who signed on, in the order they did. All signed on Mar 11, 2021.

SeatCosponsorSigned on
D-MIGary C. PetersOriginalMar 11, 2021

Actions 2

Everything that happened, newest first.

  1. Mar 11, 2021Introduced in Senate
  2. Mar 11, 2021Read twice and referred to the Committee on Commerce, Science, and Transportation.

Related bills 4

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 745Accessible, Affordable Internet for All ActRelated billMar 15, 2021
HR 1700Broadband Infrastructure Finance and Innovation Act of 2021Related billMar 10, 2021
HR 1783Accessible, Affordable Internet for All ActRelated billApr 28, 2021
HR 1848LIFT America ActRelated billJan 20, 2022

Subjects

Assigned by the Library of Congress. Policy area: Science, Technology, Communications.

Text 1

Each version as it was printed, newest first.

  1. Mar 11, 2021Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.