Rural Broadband Financial Flexibility Act

Summary

Rural Broadband Financial Flexibility Act This bill allows the use of tax-exempt private activity bonds to finance qualified broadband projects. A qualified broadband project is any project that is designed solely to provide broadband service to one or more rural areas in which more than 50% of residential households do not have access to adequate broadband service. The bill also allows direct payments to issuers of broadband infrastructure bonds for 35% of the interest payable under such bonds.

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Timeline

1. 14 November 2019

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 14 November 2019

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 14 November 2019 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 14 November 2019

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 14 November 2019

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 14 November 2019

  Open at official source

Sponsors

• Shelley Capito · R · Sponsor
• Maggie Hassan · D · Sponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.