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2022 Session

Budget Amendments - SB30 (Floor Approved)

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VATI Eligibility - Municipal Broadband Authorities (language only)

Item 115 #1s

Item 115 #1s

Commerce and Trade
Department of Housing and Community Development

Language

Page 100, after line 40, insert:

"5. Notwithstanding the foregoing, the department shall allow public broadband authorities to apply directly for Virginia Telecommunications Initiative funds without investment from the private sector. The cumulative total of any grants awarded to public broadband authorities shall not exceed 10 percent of total available funding in any fiscal year."



Explanation

(This amendment would continue the program authorizing municipal broadband authorities to be eligible to receive VATI funds without the need for a private sector partner.)