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H.R. 2817: Coastal Broadband Deployment Act

This bill, known as the Coastal Broadband Deployment Act, proposes changes related to the construction and modification of communication facilities that are located entirely within floodplains. Here are the main points of the bill:

Overview of Provisions

  • Environmental Review Exemption: The bill stipulates that any federal authorization for a communications project located within a floodplain will not be considered a "major federal action" under the National Environmental Policy Act (NEPA). This means that these projects can proceed without undergoing the extensive environmental impact assessments typically required for such actions.
  • Historic Preservation Exemption: Similarly, the bill exempts these projects from the requirements of the National Historic Preservation Act (NHPA). Therefore, covered projects will not be considered "undertakings" subject to historical preservation reviews.

Definitions

Key terms specified in the bill include:

  • Commission: Refers to the Federal Communications Commission (FCC).
  • Communications Facility: Defined as per an existing law concerning communications facility installations.
  • Covered Project: Specifically, this refers to projects for deploying or modifying communications facilities that:
    • Are entirely within a floodplain as defined by federal regulations.
    • Require a permit, license, or approval from the FCC or are subject to the FCC's jurisdiction.
  • Federal Authorization: This term encompasses all necessary approvals, permits, or certifications required by federal law for a covered project.

Impact of the Bill

The bill aims to facilitate the deployment of broadband infrastructure in areas that are otherwise challenging due to environmental regulations. By removing specific review requirements, the intent is to streamline and accelerate the processes necessary for bringing networks to communities, particularly in flood-prone regions, which may help improve connectivity.

Relevant Companies

  • T (AT&T Inc.): As a major telecommunications provider that deploys communication facilities, AT&T could benefit from reduced regulatory hurdles in expanding its broadband services within floodplain areas.
  • VZ (Verizon Communications Inc.): Verizon, also a significant player in the telecommunications industry, may find it easier to implement projects without needing extensive environmental and historical reviews when working in floodplain regions.

This is an AI-generated summary of the bill text. There may be mistakes.

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Sponsors

1 sponsor

Actions

2 actions

Date Action
Apr. 10, 2025 Introduced in House
Apr. 10, 2025 Referred to the Committee on Energy and Commerce, and in addition to the Committee on Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Corporate Lobbying

0 companies lobbying

None found.

* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.

Potentially Relevant Congressional Stock Trades

Estimated excess return of the underlying stock since the transaction
Politician Stock Transaction Filed Traded
Congress pfp
David Taylor R / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Apr 03, 2025 Mar 10, 2025 +0.10%
Congress pfp
Julie Johnson D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Feb 12, 2025 Jan 15, 2025 +16.91%
Congress pfp
Emily Randall D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Feb 11, 2025 Jan 06, 2025 +13.38%
Congress pfp
James Comer R / House
T logo
T AT&T INC.
Purchase $1,001 - $15,000
Jan 10, 2025 Jan 02, 2025 +23.27%
Congress pfp
Michael T. McCaul R / House
T logo
T AT&T INC
Sale $100,001 - $250,000
Dec 16, 2024 Nov 20, 2024 +24.21%
Congress pfp
Michael T. McCaul R / House
T logo
T AT&T INC
Sale $15,001 - $50,000
Dec 16, 2024 Nov 20, 2024 +24.21%
Congress pfp
Sheldon Whitehouse D / Senate
VZ logo
VZ Verizon Communications Inc
Sale (Partial) $1,001 - $15,000
Nov 07, 2024 Oct 29, 2024 +6.76%
Congress pfp
Sheldon Whitehouse D / Senate
VZ logo
VZ Verizon Communications Inc
Sale (Partial) $1,001 - $15,000
Nov 07, 2024 Oct 29, 2024 +6.76%
Congress pfp
John James R / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Sep 06, 2024 Sep 04, 2024 +30.37%
Congress pfp
Josh Gottheimer D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Jul 09, 2024 Jun 25, 2024 +1.30%
Congress pfp
Josh Gottheimer D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Jul 09, 2024 Jun 21, 2024 +3.29%
Congress pfp
Carol D. Miller R / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Jun 05, 2024 May 08, 2024 +50.24%
Congress pfp
Carol D. Miller R / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Jun 05, 2024 May 08, 2024 +50.24%
Congress pfp
Mike Kelly R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Jun 14, 2024 Apr 12, 2024 -2.27%
Congress pfp
Mike Kelly R / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Jun 14, 2024 Apr 11, 2024 +56.96%
Congress pfp
Chip Roy R / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Apr 11, 2024 Apr 10, 2024 +53.17%
Congress pfp
John James R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Sep 02, 2024 Mar 26, 2024 -3.60%
Congress pfp
Angus S. King Jr. I / Senate
VZ logo
VZ Verizon Communications Inc
Purchase $1,001 - $15,000
Apr 17, 2024 Mar 07, 2024 -0.92%
Congress pfp
Brian J. Mast R / House
T logo
T AT&T INC.
Purchase $172.00
Mar 26, 2024 Mar 04, 2024 +52.10%
Congress pfp
Brian J. Mast R / House
T logo
T AT&T INC.
Purchase $223.60
Mar 26, 2024 Mar 04, 2024 +52.10%
Congress pfp
Angus S. King Jr. I / Senate
VZ logo
VZ Verizon Communications Inc
Sale (Full) $1,001 - $15,000
Jan 16, 2024 Dec 27, 2023 -3.25%
Congress pfp
Tommy Tuberville R / Senate
VZ logo
VZ Verizon Communications Inc
Sale (Partial) $15,001 - $50,000
Jan 12, 2024 Dec 26, 2023 -3.97%
Congress pfp
Jerry Moran R / Senate
VZ logo
VZ Verizon Communications Inc. Common Stock
Sale (Full) $1,001 - $15,000
Jan 17, 2024 Dec 14, 2023 -6.01%
Congress pfp
Jerry Moran R / Senate
VZ logo
VZ Verizon Communications Inc. Common Stock
Sale (Full) $1,001 - $15,000
Jan 17, 2024 Dec 14, 2023 -6.01%
Congress pfp
Pete Sessions R / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Dec 26, 2023 Nov 29, 2023 +43.34%
Congress pfp
John James R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Purchase $1,001 - $15,000
Sep 02, 2024 Nov 10, 2023 -7.65%
Congress pfp
John James R / House
T logo
T AT&T INC.
Purchase $1,001 - $15,000
Sep 02, 2024 Nov 10, 2023 +46.41%
Congress pfp
Pete Sessions R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC.
Sale $1,001 - $15,000
Nov 07, 2023 Oct 31, 2023 -12.44%
Congress pfp
Pete Sessions R / House
T logo
T AT&T INC.
Sale $15,001 - $50,000
Nov 07, 2023 Oct 31, 2023 +42.35%
Congress pfp
Greg Stanton D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC.
Sale $1,001 - $15,000
Nov 09, 2023 Oct 24, 2023 -7.85%
Congress pfp
Greg Stanton D / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Nov 09, 2023 Oct 24, 2023 +42.60%
Congress pfp
Josh Gottheimer D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC.
Purchase $1,001 - $15,000
Nov 11, 2023 Oct 16, 2023 +7.76%
Congress pfp
Greg Stanton D / House
T logo
T AT&T INC.
Purchase $1,001 - $15,000
Nov 09, 2023 Sep 26, 2023 +49.64%
Congress pfp
Greg Stanton D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC.
Purchase $1,001 - $15,000
Nov 09, 2023 Sep 26, 2023 -1.82%
Congress pfp
Pete Ricketts R / Senate
VZ logo
VZ Verizon Communications Inc. Common Stock
Sale (Full) $50,001 - $100,000
Oct 20, 2023 Sep 21, 2023 -1.30%
Congress pfp
Sheldon Whitehouse D / Senate
VZ logo
VZ Verizon Communications Inc
Purchase $1,001 - $15,000
Oct 17, 2023 Sep 20, 2023 -0.37%
Congress pfp
Sheldon Whitehouse D / Senate
T logo
T AT&T Inc
Sale (Full) $1,001 - $15,000
Oct 17, 2023 Sep 20, 2023 +47.31%
Congress pfp
Sheldon Whitehouse D / Senate
T logo
T AT&T Inc
Sale (Full) $15,001 - $50,000
Oct 17, 2023 Sep 20, 2023 +47.31%
Congress pfp
Josh Gottheimer D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC.
Sale $1,001 - $15,000
Oct 15, 2023 Sep 15, 2023 +0.21%
Congress pfp
Josh Gottheimer D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC.
Sale $1,001 - $15,000
Sep 16, 2023 Aug 24, 2023 -0.49%
Congress pfp
Virginia Foxx R / House
T logo
T AT&T INC.
Purchase $1,001 - $15,000
Sep 05, 2023 Aug 02, 2023 +64.45%
Congress pfp
Michael Guest R / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Aug 23, 2023 Aug 01, 2023 +66.80%
Congress pfp
Michael Guest R / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Aug 23, 2023 Aug 01, 2023 +66.80%
Congress pfp
Tommy Tuberville R / Senate
VZ logo
VZ Verizon Communications Inc. Common Stock
Purchase $1,001 - $15,000
Aug 14, 2023 Jul 25, 2023 +1.48%
Congress pfp
Daniel S. Goldman D / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Aug 13, 2023 Jul 14, 2023 +62.28%
Congress pfp
Daniel S. Goldman D / House
T logo
T AT&T INC.
Sale $50,001 - $100,000
Aug 13, 2023 Jul 12, 2023 +53.80%
Congress pfp
Daniel S. Goldman D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC.
Sale $100,001 - $250,000
Aug 13, 2023 Jul 12, 2023 -3.29%
Congress pfp
Thomas R. Carper D / Senate
VZ logo
VZ Verizon Communications Inc
Purchase $1,001 - $15,000
Aug 02, 2023 Jul 10, 2023 -6.02%
Congress pfp
Zoe Lofgren D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC.
Sale $1,001 - $15,000
Jun 06, 2023 May 26, 2023 -11.42%
Congress pfp
Zoe Lofgren D / House
T logo
T AT&T INC.
Sale $1,001 - $15,000
Jun 06, 2023 May 25, 2023 +44.10%
Congress pfp
Zoe Lofgren D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC.
Sale $1,001 - $15,000
Jun 06, 2023 May 25, 2023 -12.50%
Congress pfp
John W. Hickenlooper D / Senate
VZ logo
VZ Verizon Communications Inc. Common Stock
Sale (Full) $100,001 - $250,000
Jun 15, 2023 May 10, 2023 -22.10%
Congress pfp
Jennifer L. McClellan D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC.
Sale $50,001 - $100,000
Jun 01, 2023 May 04, 2023 -23.79%