Summary: H.R.1416 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for H.R.1416. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/04/2001)

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.

Limits to $100 million the total amount of such grants.