This bill, introduced by Representative Deshotel, enacts a new section, R.S. 51:2370.17, which focuses on the management of unobligated funds from the Granting Unserved Municipalities Broadband Opportunities (GUMBO) 1.0 program. Specifically, it allows the office to utilize any unobligated funds as of June 3, 2024, for eligible non-broadband infrastructure projects as defined by the U.S. Department of the Treasury's guidance on the Coronavirus Capital Project Fund.
Additionally, the bill authorizes the office to create necessary rules and scoring criteria for the allocation and use of these funds. This legislative action aims to enhance the flexibility of funding for municipalities while ensuring compliance with federal guidelines.