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MN HF4375
Bill
Status
Introduced
3/17/2022
Primary Sponsor
Rob Ecklund
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AI Summary
- Increases the maximum state funding for individual broadband projects from 50% to 75% of total project costs under the border-to-border broadband grant program
- Raises the cap on grants awarded to a single project from $5,000,000 to $10,000,000
- Requires the Office of Broadband Development to submit a report by December 31, 2022, analyzing the impacts of these changes on the number and amounts of grants awarded
- Transfers $100,000,000 from the general fund to the border-to-border broadband fund account in fiscal year 2023 as a onetime transfer available until expended
Legislative Description
Border-to-border broadband grant program modified, report required, and money transferred.
Last Action
Committee report, to adopt as amended and re-refer to Ways and Means
4/4/2022
Committee Referrals
Ways and Means4/4/2022
Industrial Education and Economic Development Finance & Policy3/17/2022
Full Bill Text
No bill text available