S. 2866 · 116th Congress
Rural Broadband Financial Flexibility Act
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
CapitoSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill allows the use of tax-exempt private activity bonds to finance qualified broadband projects. A qualified broadband project is any project that is designed solely to provide broadband service to one or more rural areas in which more than 50% of residential households do not have access to adequate broadband service.
What it does: CRS summary · Introduced in Senate · Nov 14, 2019
Rural Broadband Financial Flexibility Act
This bill allows the use of tax-exempt private activity bonds to finance qualified broadband projects. A qualified broadband project is any project that is designed solely to provide broadband service to one or more rural areas in which more than 50% of residential households do not have access to adequate broadband service. The bill also allows direct payments to issuers of broadband infrastructure bonds for 35% of the interest payable under such bonds.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Rural Broadband Financial Flexibility Act
Latest action (Nov 14, 2019): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Nov 14, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.