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House debate: bill would explicitly allow private activity bonds for broadband in unserved areas
Summary
Representative Caleb Hinkle opened the committee hearing on House Bill 650, saying the bill would expressly authorize private industry activity bonds for broadband expansion in unserved and underserved areas of Montana.
Representative Caleb Hinkle opened the committee hearing on House Bill 650, saying the bill would expressly authorize private industry activity bonds for broadband expansion in unserved and underserved areas of Montana.
Hinkle said the clarification would preserve a level playing field by directing taxpayer‑backed financing to places without adequate service, rather than subsidizing government networks in already served markets. “This bill provides a fair preserves a fair and competitive market that encourages private sector driven broadband expansion,” Hinkle said during the hearing.
Why it matters: Supporters told the House Energy, Technology and Federal Relations Committee the measure would help…
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