S. 741: Broadband Infrastructure Finance and Innovation Act of 2021
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S. 741: Broadband Infrastructure Finance and Innovation Act of 2021
117th Congress · introduced 2021-03-11 · Science, Technology, Communications · Latest: Read twice and referred to the Committee on Commerce, Science, and Transportation.
federal
Follow this bill, step by step
- Where it came from: introduced 2021-03-11 · official record
- Who proposed it: Sen. Lujan, Ben Ray [D-NM] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Read twice and referred to the Committee on Commerce, Science, and Transportation. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Broadband Infrastructure Finance and Innovation Act of 2021
Plain summary
Broadband Infrastructure Finance and Innovation Act of 2021 This bill requires the National Telecommunications and Information Administration to make financing available for the construction and deployment of broadband infrastructure through a broadband infrastructure finance and innovation program. Specifically, the bill provides a means for communities and public-private partnerships to apply for low-interest secured loans, lines of credit, or loan guarantees to finance broadband infrastructure investments. The bill provides funding to carry out the program, and it requires biennial reports on the financial performance of projects carried out with program assistance.
Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
Broadband Infrastructure Finance and Innovation Act of 2021
Source: Congressional Research Service summary (Introduced in Senate)
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The strongest published arguments
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Alternatives
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Sen. Lujan, Ben Ray [D-NM] · 1 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Gary C. Peters (D-MI)
Sponsor's campaign money: Sen. Lujan, Ben Ray [D-NM] reported raising $6.5 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (1)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in Senate)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117s741.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/s>
Record fed-us-cong117-s741 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117