H.R.4699 - To establish a grant program to support broadband-based economic development efforts.108th Congress (2003-2004)
|Sponsor:||Rep. McHugh, John M. [R-NY-23] (Introduced 06/24/2004)|
|Committees:||House - Transportation and Infrastructure; Financial Services|
|Latest Action:||House - 08/03/2004 Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology, for a period to be subsequently determined by the Chairman. (All Actions)|
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Summary: H.R.4699 — 108th Congress (2003-2004)All Information (Except Text)
Introduced in House (06/24/2004)
Amends the Public Works and Economic Development Act of 1965 to authorize the Secretary of Commerce to make grants supporting the advancement of high-speed telecommunications in regions with low per capita income, high unemployment, or economic adjustment problems that have populations of no more than one million.
Limits the maximum assistance for any one region to $1 million.
Sets Federal cost sharing for projects carried out using funds authorized by this Act at 50 percent. Authorizes in-kind contributions for the non-Federal share of project costs.