HB 5172
Relating to establishing the Low Earth Orbit Broadband Internet Connection Fund.
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- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill creates the Low Earth Orbit Broadband Internet Connection Fund to support the installation of equipment needed to receive Low Earth Orbit Broadband Internet Connections in West Virginia. The fund will be administered by the Department of Commerce and will receive money from various sources, including grants, appropriations, and interest earned. The fund’s initial focus is on providing immediate internet access while broader broadband deployment is underway.
Key provisions
- Establishes the Low Earth Orbit Broadband Internet Connection Fund.
- The Department of Commerce will administer the fund.
- The fund will receive money from grants, appropriations, and interest.
- Expenditures are authorized from collections for fiscal years 2026 and 2027.
- Any remaining fund balance will not revert to the General Revenue Fund.
- The fund is intended to support equipment installation for Low Earth Orbit Broadband Internet Connections.
- The fund is linked to existing broadband deployment grant programs.
Who is affected
- Residents of West Virginia
- The Department of Commerce
- Broadband service providers
Notable changes
- Creates a dedicated fund for Low Earth Orbit Broadband equipment installation.
- Allows for initial expenditures from collections in the first two fiscal years.
- Specifies that fund balances will remain within the fund.
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