BEAM Act; make certain revisions to.

HB 1535 (the BEAM Act) revises Mississippi's broadband funding program by updating definitions and application requirements for the Office of Broadband Expansion and Accessibility (BEAM). It clarifies who qualifies as an "eligible broadband service provider" (e.g., companies with 3+ years of service in Mississippi) and requires applicants to prove their technical/financial capability, demonstrate underserved communities, and detail project costs and community benefits. Key provisions mandate applicants to submit evidence of unserved areas, projected household access, community support, and a business plan - while prohibiting fund use for operational expenses. The bill also blocks funding for projects overlapping with existing or near-term broadband deployments by other providers.