SECTION 1. Subsection (d) of section 6B of chapter 40J of the General Laws, as appearing in the 2012 Official Edition, is hereby amended by striking out the first paragraph and inserting the following paragraph in place thereof:-

The corporation shall leverage private sector and federal investment by financing the construction and acquisition of broadband infrastructure to promote the development of broadband access and may undertake any other actions deemed appropriate by the corporation to promote broadband adoption and usage and expand the public benefits associated with broadband deployment in the commonwealth, particularly among vulnerable or disadvantaged populations that underutilize broadband technologies. This broadband infrastructure shall include, but not be limited to, conduit, fiber and towers. The corporation shall have the power to (i) finance or acquire equipment or other property to be owned by the corporation, the commonwealth or 1 or more other public entities, in which case such equipment or other property may be leased or licensed by the corporation, for a fee or otherwise, for use by public entities or nonprofit or for-profit private-sector entities, and (ii) make grants to one or more public entities or nonprofit or for-profit private-sector entities for the financing or acquisition of equipment or other property, subject, in all cases, to such conditions as the corporation’s board may determine to be appropriate to protect the public interest. The acquisition of an indefeasible right of use of facilities used for the transmission of intelligence by electricity or of a license or other agreement to use electromagnetic spectrum licensed by the federal government shall be considered to be the acquisition of an ownership interest in broadband infrastructure, and any such transaction shall constitute a transaction with the commonwealth for the purpose of chapter 30B. Any lessee or licensee shall pay lease or license fees to the corporation, which shall credit them to the fund. The corporation may provide and pay for advisory services and technical assistance and take such other actions as may be necessary or desired to carry out its purposes.