H.R. 760 · 111th Congress
Advanced Broadband Infrastructure Bond Initiative of 2009
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
EshooSponsor3 cosponsors · 2 D, 1 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Advanced Broadband Infrastructure Bond Initiative of 2009 - Amends the Internal Revenue Code to allow a tax credit for investment in qualified advanced broadband infrastructure bonds. Limits the issuance authority for such bonds in 2009, 2010 and 2011 to $1 billion for state and local government issuers and $10 billion for all other issuers.
What it does: CRS summary · Introduced in House · Jan 28, 2009
Advanced Broadband Infrastructure Bond Initiative of 2009 - Amends the Internal Revenue Code to allow a tax credit for investment in qualified advanced broadband infrastructure bonds. Limits the issuance authority for such bonds in 2009, 2010 and 2011 to $1 billion for state and local government issuers and $10 billion for all other issuers. Requires the use of bond proceeds to finance broadband infrastructure projects to provide residential or small business consumers with high-speed access to the Internet.
Amends the National Telecommunications and Information Administration Organization Act to require the National Telecommunications and Information Administration in the Department of Commerce to: (1) approve requests for qualified advanced broadband infrastructure projects; (2) monitor the implementation of such projects; and (3) make determinations regarding increases in the transmission speed requirements of the advanced broadband infrastructure bond program.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Advanced Broadband Infrastructure Bond Initiative of 2009
Latest action (Feb 2, 2009): Referred to the Subcommittee on Communications, Technology, and the Internet.
Policy area: Science, Technology, Communications · Origin: House · Introduced: Jan 28, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.