S. 2585: Modernization, Accountability, and Planning for Broadband Funding Act

This bill, titled the Modernization, Accountability, and Planning for Broadband Funding Act, seeks to improve the way Federal funds are allocated for broadband infrastructure by modernizing the Broadband Funding Map. The objective is to ensure that these funds are used efficiently and effectively, preventing overlaps in infrastructure investments.

Key Provisions

• Data Collection: The Federal Communications Commission (FCC), in coordination with the National Telecommunications and Information Administration (NTIA), is tasked with collecting data from various Federal agencies for the Broadband Funding Map. This data will help in determining where broadband services are needed and where federal funds can be allocated without duplication.
• Notice of Inquiry: Within 270 days of the bill's enactment, the FCC must start an inquiry to assess the functionality and transparency of the Broadband Funding Map. This includes evaluating the quality and completeness of data currently entered in the map.
• Evaluation Considerations: The inquiry must consider several factors, such as the adequacy of data collection by federal agencies, the usability of the data by the public, the frequency of updates to the map, and whether additional data categories should be included or existing ones modified for better clarity.
• Completion of Inquiry: The FCC is required to complete the inquiry within 120 days of its initiation.

Study and Reporting

The bill mandates a study by the U.S. Comptroller, due within 180 days post-enactment. This study will evaluate the performance of federal agencies in maintaining the Broadband Funding Map and ensuring its relevance. The findings will be reported to Congress.

Study Requirements

In conducting the study, the Comptroller will review:

• How well federal agencies are submitting necessary data to the Broadband Funding Map and any challenges faced.
• The effectiveness of FCC's management and collaboration with relevant federal entities.
• If the FCC has enough authority to gather necessary data from federal agencies.
• The data collection efforts from NTIA and other related programs.
• The coordination among different federal agencies that provide funding for broadband to enhance efficiency and save taxpayer money.

Overall Goals

The overarching goal of this bill is to enhance the transparency and efficiency of federal broadband funding by modernizing the data used in decision-making. It aims to minimize wasteful spending, avoid redundancy, and ultimately improve access to broadband infrastructure across the country.

Relevant Companies

• AMZN (Amazon): As a significant player in cloud computing and digital services, changes in broadband funding could affect its infrastructure costs and deployment strategies.
• T (AT&T): As a major telecommunications provider, the bill could impact AT&T's strategy for broadband expansion and infrastructure development.
• VZ (Verizon): Similar to AT&T, changes in broadband funding could influence Verizon's investments in broadband infrastructure.