Legislative Update: Broadband Grants (PSC-W)
Republicans have introduced a bill to expand PSC-W broadband expansion grants. A recent amendment would expand the dollar amount, and change ongoing to biennial funding.
Analysis by the Legislative Reference Bureau
This bill allows the Public Service Commission to make a total of $10,000,000 in broadband expansion grants during fiscal years 2015-16 and 2016-17. Under current law, the PSC makes the grants to eligible applicants for the purpose of constructing broadband infrastructure in underserved areas. Current law provides $6,000,000 in funding for the grants, but prohibits the PSC from making more than $1,500,000 in grants in a fiscal year. This bill increases the amount of funding to $10,000,000 and allows the PSC to make the grants in fiscal years 2015?16 and 2016?17. If the PSC makes less than $10,000,000 in grants in those fiscal years, the amount remaining lapses to the general fund.