Texas HB2964 establishes a program to provide grants and financial incentives for broadband deployment in rural counties.

Texas HB2964 amends the Government Code to create a program for broadband deployment in rural counties. The broadband development office will prioritize projects that demonstrate a plan for reliable broadband service using fiber-optic networks. Eligible counties are those with a population between 5,000 and 25,000 that have not received state or federal broadband funds. The comptroller will allocate up to $750 million for grants, low-interest loans, and other incentives. The office must report annually on funds distributed, funded projects, and any implementation challenges.

Texas HB2964 establishes a program to provide grants and financial incentives for broadband deployment in rural counties.

Texas HB2964 amends the Government Code to create a program for broadband deployment in rural counties. The broadband development office will prioritize projects that demonstrate a plan for reliable broadband service using fiber-optic networks. Eligible counties are those with a population between 5,000 and 25,000 that have not received state or federal broadband funds. The comptroller will allocate up to $750 million for grants, low-interest loans, and other incentives. The office must report annually on funds distributed, funded projects, and any implementation challenges.