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Code · BILL · 115th Congress · S. 449 (Introduced in Senate) — To promote worldwide access to the Internet, and for other purposes. · Sec. 8

Sec. 8. Prioritization of efforts for projects that promote expanded Internet access by the Overseas Private Investment Corporation

261 words·~1 min read·/bill/115/s/449/is/section-8

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The Overseas Private Investment Corporation should, as appropriate, prioritize and expedite institutional efforts and assistance to facilitate the involvement of such institutions in Internet access-related projects and markets in developing counties and partner with investors, private sector actors, and other stakeholders to specifically increase access to high-quality, open, and affordable Internet services. Such investments should be focused on promoting Internet access with the goal of— maximizing the number of people with new access to Internet services; improving and expanding the construction of Internet infrastructure, including fiber, mobile, and other emerging access technologies; expanding access to Internet for those in underserved and rural areas; and prioritizing investment in countries and regions with particularly acute shortages of critical infrastructure and services needed for Internet access, such as sub-Saharan Africa.
Title IV of chapter 2 of part I of the Foreign Assistance Act of 1961 is amended— in section 234(c) ( 22 U.S.C. 2194(c) ), by inserting eligible investors or after involve ; in section 237(d) ( 22 U.S.C. 2197(d) )— in paragraph (2), by inserting , systems infrastructure costs, after outside the Corporation ; and in paragraph (3), by inserting , systems infrastructure costs, after project-specific transaction costs ; in section 235(a)(2) ( 22 U.S.C. 2195(a)(2) ), by striking 2007 and inserting 2021 ; and in section 238(c) ( 22 U.S.C. 2198(c) ), by inserting or having significant United States connections after owned by United States citizens .
There is authorized to be appropriated $5,000,000 for the Overseas Private Investment Corporation for fiscal year 2017 to carry out the purposes of this Act.
Connectionstraces to 1
3 references not yet in our index
  • 22 USC 2194(c)
  • 22 USC 2195(a)(2)
  • 22 USC 2198(c)
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cites case law
Sec. 8
Prioritization of efforts for projects that promote expanded Internet access by the Overseas Private Investment Corporation
Cite22 USC 2194(c)
Cite22 USC 2195(a)(2)
Cite22 USC 2198(c)
Cites 4Cited by 0 across 0 sources
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