I 
115TH CONGRESS 
1ST SESSION H. R. 4287 
To establish a broadband infrastructure finance and innovation program to 
make available loans, loan guarantees, and lines of credit for the con-
struction and deployment of broadband infrastructure, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
NOVEMBER 7, 2017 
Mr. BEN RAY LUJA´N of New Mexico (for himself, Ms. CLARKE of New York, 
Mr. EVANS, Mr. KHANNA, Ms. MICHELLE LUJAN GRISHAM of New Mex-
ico, Mr. MCNERNEY, Mr. O’HALLERAN, Mr. POLIS, Mr. RUIZ, and Mr. 
RYAN of Ohio) introduced the following bill; which was referred to the 
Committee on Energy and Commerce 
A BILL 
To establish a broadband infrastructure finance and innova-
tion program to make available loans, loan guarantees, 
and lines of credit for the construction and deployment 
of broadband infrastructure, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Broadband Infrastructure Finance and Innovation Act of 
2017’’. 
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(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
Sec. 1. Short title; table of contents. 
Sec. 2. Definitions. 
Sec. 3. Determination of eligibility and project selection. 
Sec. 4. Secured loans. 
Sec. 5. Lines of credit. 
Sec. 6. Alternative prudential lending standards for small projects. 
Sec. 7. Program administration. 
Sec. 8. State and local permits. 
Sec. 9. Regulations. 
Sec. 10. Funding. 
Sec. 11. Reports to Congress. 
SEC. 2. DEFINITIONS. 
In this Act: 
(1) ASSISTANT SECRETARY.—The term ‘‘Assist-
ant Secretary’’ means the Assistant Secretary of 
Commerce for Communications and Information. 
(2) BIFIA PROGRAM.—The term ‘‘BIFIA pro-
gram’’ means the broadband infrastructure finance 
and innovation program established under this Act. 
(3) 
BROADBAND
SERVICE.—The 
term 
‘‘broadband service’’ means broadband Internet ac-
cess service (as defined in section 8.2 of title 47, 
Code of Federal Regulations). 
(4) ELIGIBLE PROJECT COSTS.—The term ‘‘eli-
gible project costs’’ means amounts substantially all 
of which are paid by, or for the account of, an obli-
gor in connection with a project, including the cost 
of— 
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(A) development phase activities, including 
planning, feasibility analysis, revenue fore-
casting, environmental review, historic preserva-
tion review, permitting, preliminary engineering 
and design work, and other preconstruction ac-
tivities; 
(B) construction and deployment phase ac-
tivities, including— 
(i) construction, reconstruction, reha-
bilitation, replacement, and acquisition of 
real property (including land relating to 
the project and improvements to land), 
equipment, instrumentation, networking 
capability, hardware and software, and dig-
ital network technology; 
(ii) environmental mitigation; and 
(iii) construction contingencies; and 
(C) capitalized interest necessary to meet 
market requirements, reasonably required re-
serve funds, capital issuance expenses, and 
other carrying costs during construction and 
deployment. 
(5) FEDERAL CREDIT INSTRUMENT.—The term 
‘‘Federal credit instrument’’ means a secured loan, 
loan guarantee, or line of credit authorized to be 
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