It will cost Minnesota taxpayers $25 million in fiscal year 2023 to expand high-speed broadband access across the state if the governor signs a bill both legislative houses passed this week.
HF 4366, an omnibus agriculture and housing bill, includes increasing availability of grant funding for broadband from 50% to 75% of the total cost of a project, or up to $10 million, rather than a $5 million limit. Under the bill, the Office of Broadband Development must report to broadband policy and finance committees’ leaders by the end of 2022 how the bill changes the number and amounts of grants awarded.
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