This bill authorizes the Municipal Gigabit Broadband Network Access Fund to provide funding to municipal entities applying for project grants to repay debt that was incurred by a municipal entity for the construction of a municipally owned gigabit fiber-optic broadband network project. It specifies that the Maine Connectivity Authority may make direct loans or grants to municipal entities for the repayment of debt incurred by a municipal entity for the construction of municipally owned broadband infrastructure. The bill also requires the authority, in administering a grant or award for the development or construction of municipally owned broadband infrastructure, to permit the use of grant or award funds for the repayment of debt incurred by a municipal entity related to the development or construction of the broadband infrastructure unless such use is prohibited by the source of the grant or award.