The proposed bill, General Assembly Proposed Bill No. 62, seeks to empower the State Bond Commission to authorize the issuance of bonds for the enhancement and extension of high-speed broadband Internet access in rural communities. The bill allows for the issuance of bonds in principal amounts not exceeding a specified aggregate amount, with the proceeds designated for grants-in-aid managed by the Department of Energy and Environmental Protection. This initiative aims to improve access to quality Internet and cellular telephone service in underserved rural areas.

The bill introduces new legal language that enables the issuance of these bonds, while there are no deletions from current law noted in the text provided. The overall goal of the legislation is to address the digital divide in rural communities by facilitating better connectivity through enhanced broadband infrastructure.