New Hampshire Senate Bill SB222

New Hampshire 2023 Regular Session

• Introduced: 1/24/23
• Refer: 1/24/23
• Refer: 2/21/23
• Refer: 3/9/23
• Refer: 3/16/23
• Refer: 3/30/23
• Engrossed: 4/7/23
• Refer: 4/7/23
• Report Pass: 5/15/23
• Enrolled: 6/30/23
• Chaptered: 8/1/23
• Passed: 8/1/23

Caption

Relative to the definition of broadband infrastructure as a revenue-producing facility eligible for municipal revenue bonds.

Impact

The amendments proposed in this bill will enable municipalities to utilize revenue bonds specifically for broadband projects. By specifying the transmission rates required for broadband to qualify as infrastructure eligible for funding, the bill aims to set a clear benchmark for enhancing digital equity across unserved areas. This could potentially lead to an increase in broadband development, requiring municipalities to support local firms or partnerships that can effectively deliver these services to underserved populations.

Summary

SB222 is a legislative measure aimed at redefining the scope and application of municipal revenue bonds concerning broadband infrastructure within the state of New Hampshire. The bill explicitly categorizes broadband infrastructure as a revenue-producing facility that qualifies for municipal revenue bonds, thereby enabling municipalities to fund projects aimed at enhancing broadband access. This shift is intended to foster improved digital connectivity in areas that currently lack adequate broadband services.

Contention

One notable point of contention surrounding SB222 may involve the prioritization of funding for broadband projects compared to other critical infrastructure needs. Some stakeholders may argue that the reallocation of municipal revenue bonds exclusively for broadband could detract from funding for essential services such as water or energy infrastructure. Additionally, the definition of what constitutes broadband and accompanying transmission speeds may spark debates about whether the standards set forth adequately reflect the necessary benchmarks for contemporary digital services.