HB 4613 Relating to development of broadband infrastructure and broadband deployment in this state

About HB-4613

The purpose of this bill is to allow the Infrastructure and Jobs Development Council to issue broadband middle mile revenue bonds when there are sufficient revenues for the issuance of those bonds. The council would be required to keep funds for water and sewer infrastructure projects separate and apart from funds for broadband middle mile infrastructure projects. For purposes of taking action on broadband middle mile infrastructure projects or matters, the council would be increased by two members, the Secretary of Administration, or his or her designee, and the director of WVNET. Additional legislative finding are made regarding broadband deployment. Two members would be added to the Broadband Deployment Council a member of the Infrastructure nad Jobs Development Council not already a member of the Broadband Development Council and the director of WVNET. The powers and duties of the Broadband Deployment Council would be expanded. Lastly, the expiration date of the Broadband Deployment Council would be extended from December 31, 2014 to December 31, 2017.