This bill mandates that developers of new residential construction must install raceways during the construction process to facilitate broadband cable deployment. Specifically, it requires that these raceways be four inches in size and designed to accommodate at least two broadband providers, ensuring non-discriminatory access. Developers must notify the local exchange carrier about the installation of these raceways, which should occur alongside other utility installations. Additionally, developers have the option to enter agreements to lease or purchase preexisting raceways, provided that such agreements do not grant exclusive control that would hinder access for multiple broadband providers.

Furthermore, the bill empowers the Commissioner of Community Affairs to establish rules and regulations regarding the design, installation, and adequacy of raceways, including minimum sizing and access requirements to support multiple broadband providers. This legislative measure aims to enhance broadband connectivity in new residential developments by ensuring that the necessary infrastructure is in place from the outset. The bill is set to take effect immediately upon passage.