Establishes the Low Earth Orbit Broadband Internet Connection Fund to finance equipment installation for satellite internet access.

The bill establishes the Low Earth Orbit Broadband Internet Connection Fund to finance the installation of equipment for satellite internet access. This fund will be administered by the Department of Commerce and will include all gifts, grants, bequests, or transfers from any source. The fund's expenditures will be for the installation of equipment at eligible locations for broadband deployment. For fiscal years ending June 30, 2026 and 2027, expenditures are authorized from collections rather than an explicit appropriation by the Legislature.

Establishes the Low Earth Orbit Broadband Internet Connection Fund to finance equipment installation for satellite internet access.

The bill establishes the Low Earth Orbit Broadband Internet Connection Fund to finance the installation of equipment for satellite internet access. This fund will be administered by the Department of Commerce and will include all gifts, grants, bequests, or transfers from any source. The fund's expenditures will be for the installation of equipment at eligible locations for broadband deployment. For fiscal years ending June 30, 2026 and 2027, expenditures are authorized from collections rather than an explicit appropriation by the Legislature.