An Act relative to assuring a jumpstart in investments in telecoms to preserve access to the internet

This bill creates a new Municipal Broadband Development Fund to provide financial support for local governments expanding or maintaining public internet services. It establishes strict net neutrality rules, requiring that any provider receiving these funds cannot charge data caps, fees for faster speeds, or prioritize specific content. Additionally, the legislation mandates that state and local agencies must stop renewing contracts with internet providers that fail to meet these neutrality standards. A new tax is also proposed to collect a portion of any fees charged by broadband providers, with those funds directed into the development fund. Ultimately, the law aims to ensure that publicly funded internet access remains open and affordable for all residents.