H.R.1416 - Broadband Expansion Grant Initiative of 2001107th Congress (2001-2002)
|Sponsor:||Rep. LaFalce, John J. [D-NY-29] (Introduced 04/04/2001)|
|Committees:||House - Energy and Commerce|
|Latest Action:||House - 04/25/2001 Referred to the Subcommittee on Telecommunications and the Internet. (All Actions)|
This bill has the status Introduced
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Summary: H.R.1416 — 107th Congress (2001-2002)All Information (Except Text)
Broadband Expansion Grant Initiative of 2001 - Authorizes the Secretary of Commerce to: (1) make grants to eligible recipients to facilitate the deployment by the private sector of broadband telecommunications networks and capabilities to underserved rural areas; and (2) guarantee loans used for such purpose. Requires particular emphasis to be given to entities that use grant proceeds to: (1) provide underserved rural areas with access to Internet services by local telephone; (2) demonstrate models or technologies to bring broadband services to such areas; and (3) use broadband services to stimulate economic development in such areas.
Introduced in House (04/04/2001)
Limits to $100 million the total amount of such grants.