Req. No. 6493 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 58th Legislature (2021) HOUSE BILL 1124 By: Phillips AS INTRODUCED An Act relating to rural broadband; requiring the Corporation Commission promulgate rules and procedures for establishment of the State Broadband Deployment Grant Program; requiring development of competitive grant program to award funding to expand broadband access; requiring Commission to look at other state's best practices to facilitate framework of Program; creating the State Broadba nd Deployment Grant Program Revolving Fund; providing for codification; and providing an effective date . BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 139.204 of Title 17, unless there is created a duplication in numbering, reads as follows: A. The Corporation Commission with the participation and advice of the Rural Broadband Expansion Council shall promulgate rules and procedures for the establishment of the State Broadband Deployment Grant Program. The State Broadband Deployment Grant P rogram shall include development of a competitive grant program to award funding to applicants seeking to expand access to broadband internet service Req. No. 6493 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 in this state. The Commission and Council shall look at best practices in other states to help facilitate the framework of the Program. B. There is hereby created in the State Treasury a revolving fund for the Corporation Commission to be d esignated the "State Broadband Deployment Grant Program Fund ". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies designated for deposit to said fund. All monies accruing to the credit of said fun d are hereby appropriated and may be budgeted and shall be expended by the Corpora tion Commission for the purpose of awarding grants by and through the Rural Broadband Expansion Council , pursuant to subsection A of this section, to applicants seeking expand access to broadband internet service in this state. SECTION 2. This act shall become effective November 1, 2021. 58-1-6493 JBH 12/31/20