Bill to Create State Broadband Network Makes its Way to Senate Floor
Santa Fe, NM – Today, the Senate Corporations Committee unanimously passed Senate Bill 338 by Senator Daniel Ivey-Soto (D-Bernalillo) and Representative Jim Smith (R-Bernalillo, Sandoval and Santa Fe) which would increase access to reliable and affordable high-speed internet throughout New Mexico. The legislation, which will now be considered by the entire Senate, would create a statewide broadband network and make it more attractive for providers to invest in broadband infrastructure by combining demand for internet access among public and education institutions.
During the hearing, members of the committee recognized the necessary role that broadband infrastructure plays in attracting new businesses to New Mexico and the necessity of connecting small businesses to online marketplaces. A Legislative Interim Jobs Council survey found broadband access to be the second biggest concern for New Mexico businesses.
“Bringing necessary broadband to every community and increasing internet speeds is a necessary component of ensuring a successful economic future for our state,” said Senator Ivey-Soto. “We must break down barriers and connect every family and business in New Mexico.”
“Access to high-speed broadband is a necessary tool to prepare young New Mexicans for the high-paying jobs of the 21st century,” said Representative Smith. “This is a practical approach to addressing the connectivity needs of communities and businesses across the state.”
Lack of demand is currently the biggest inhibitor to broadband investment in underserved and rural communities across New Mexico. There is extensive evidence among states that have consolidated demand among public institutions that the approach taken by Sente Bill 338 would lower costs, increase access, and accelerate speeds to underserved regions across the state.