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]

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.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Relating generally to development of infrastructure in the state

Sponsors


History

DateChamberAction
2017-03-13HouseTo House Government Organization
2017-03-13HouseIntroduced in House
2017-03-13HouseTo Government Organization then Finance
2017-03-13HouseFiled for introduction

Same As/Similar To

HB2958 (Carry Over) 2017-03-13 - To House Government Organization

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
3115A10Amended CodeCitation Text
3115A10aNew CodeSee Bill Text
3115A11Amended CodeCitation Text
3115A11aNew CodeSee Bill Text
3115A11bNew CodeSee Bill Text
3115A12aNew CodeSee Bill Text
3115A13aNew CodeSee Bill Text
3115A14aNew CodeSee Bill Text
3115A15aNew CodeSee Bill Text
3115A17Amended CodeCitation Text
3115A17cNew CodeSee Bill Text
3115A18aNew CodeSee Bill Text
3115A19aNew CodeSee Bill Text
3115A1aNew CodeSee Bill Text
3115A2Amended CodeCitation Text
3115A20aNew CodeSee Bill Text
3115A21aNew CodeSee Bill Text
3115A22aNew CodeSee Bill Text
3115A23aNew CodeSee Bill Text
3115A24aNew CodeSee Bill Text
3115A8Amended CodeCitation Text
3115A9aNew CodeSee Bill Text
3115C4Amended CodeCitation Text

West Virginia State Sources


Bill Comments

feedback