Redirecting Unused Broadband Funds to Federal Deficit Reduction.
This bill amends the Infrastructure Investment and Jobs Act regarding the Broadband Equity, Access, and Deployment (BEAD) Program. Any remaining BEAD funds that states have not specifically designated for broadband projects will be clawed back. These undesignated funds will be deposited into the U.S. Treasury solely for the purpose of reducing the national deficit, shifting money from potential infrastructure upgrades to fiscal responsibility.
Key points
Undesignated funds allocated to states under the BEAD broadband program will be redirected exclusively for federal deficit reduction.
Funds already committed by states to specific broadband projects remain protected and available for use.
The law aims to recover excess appropriations, potentially limiting the total scope of future high-speed internet expansion projects in unserved areas.
Status:
Introduced
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