S.428 - Broadband Expansion Grant Initiative of 2001107th Congress (2001-2002)
|Sponsor:||Sen. Clinton, Hillary Rodham [D-NY] (Introduced 03/01/2001)|
|Committees:||Senate - Commerce, Science, and Transportation|
|Latest Action:||03/01/2001 Read twice and referred to the Committee on Commerce, Science, and Transportation. (text of measure as introduced: CR S1764) (All Actions)|
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- Science, Technology, Communications
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Summary: S.428 — 107th Congress (2001-2002)All Bill 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 Senate (03/01/2001)
Limits to $100 million the total amount of such grants.