CHAPTER 12-O DEPARTMENT OF BUSINESS AND ECONOMIC AFFAIRS
Broadband Matching Grant Initiative
Section 12-O:63
12-O:63 Broadband Matching Grant Fund. –
I. There is hereby established the broadband matching grant fund. The fund shall be kept separate and distinct from all other funds and shall be continually appropriated to the commissioner of the department of business and economic affairs for the purposes of this subdivision. In addition to state appropriations, the department may accept gifts, grants, and donations for deposit into the fund.
II. Any federal funds received by the state for the purposes of expanding or improving Internet access that are not otherwise committed to other programs or required by the federal legislation authorizing the funds shall be deposited into the broadband matching grant fund.