- Associated Press - Tuesday, January 21, 2014

FRANKFORT, Ky. (AP) - Gov. Steve Beshear is proposing a $100 million project to expand high-speed Internet access to every part of Kentucky. It’s a key part of his budget plan to expand the state’s economy.

He said Tuesday night the project would be financed by $60 million in bonds supported by the state General Fund and $40 million of federal and private funds.

Beshear says Kentucky ranks 46th nationally in broadband availability, and 23 percent of the state’s rural areas lack broadband access.

He says the goal is to spread Internet access statewide in the next two to three years.

Beshear says the project’s first phase will be in eastern Kentucky. It has more areas without Internet access than any other region of the state.

He says lack of high-speed broadband can exclude areas from landing businesses.

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