WV HB2958 | 2017 | Regular Session
Note: Carry Foward to future HB2958
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on March 13 2017 - 25% progression, died in committee
Action: 2017-03-13 - To House Government Organization
Pending: House Government Organization Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 13 2017 - 25% progression, died in committee
Action: 2017-03-13 - To House Government Organization
Pending: House Government Organization Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The bill provides for the construction of a state-wide, fiber optic broadband infrastructure network, known as broadband middle mile, to be purchased and owned by the state. The bill adds and defines new terms and creates a separate infrastructure fund for broadband middle mile infrastructure projects. The bill requires certain agencies to apply for grants in furtherance of the article, provides additional powers to the Water Development Authority and creates the West Virginia Broadband Middle Mile Infrastructure Revenue Debt Service Fund. The bill authorizes the issuance of broadband middle mile revenue bonds, provides for contents of trust agreement and trustee for bonds, and specifies remedies available to bondholders, noteholders and trustees. The bill makes broadband middle mile infrastructure revenue bonds lawful investments and provides for purchase, cancellation and refunding of bonds. The bill declares that the bonds are not state debts and are exempt from state taxation.
Title
Relating generally to development of infrastructure in the state
Sponsors
History
Date | Chamber | Action |
---|---|---|
2017-03-13 | House | To House Government Organization |
2017-03-13 | House | Introduced in House |
2017-03-13 | House | To Government Organization then Finance |
2017-03-13 | House | Filed for introduction |
Same As/Similar To
HB2958 (Carry Over) 2017-03-13 - To House Government Organization
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
31 | 15A | 10 | Amended Code | Citation Text |
31 | 15A | 10a | New Code | See Bill Text |
31 | 15A | 11 | Amended Code | Citation Text |
31 | 15A | 11a | New Code | See Bill Text |
31 | 15A | 11b | New Code | See Bill Text |
31 | 15A | 12a | New Code | See Bill Text |
31 | 15A | 13a | New Code | See Bill Text |
31 | 15A | 14a | New Code | See Bill Text |
31 | 15A | 15a | New Code | See Bill Text |
31 | 15A | 17 | Amended Code | Citation Text |
31 | 15A | 17c | New Code | See Bill Text |
31 | 15A | 18a | New Code | See Bill Text |
31 | 15A | 19a | New Code | See Bill Text |
31 | 15A | 1a | New Code | See Bill Text |
31 | 15A | 2 | Amended Code | Citation Text |
31 | 15A | 20a | New Code | See Bill Text |
31 | 15A | 21a | New Code | See Bill Text |
31 | 15A | 22a | New Code | See Bill Text |
31 | 15A | 23a | New Code | See Bill Text |
31 | 15A | 24a | New Code | See Bill Text |
31 | 15A | 8 | Amended Code | Citation Text |
31 | 15A | 9a | New Code | See Bill Text |
31 | 15C | 4 | Amended Code | Citation Text |