Rural Internet Improvement Act of 2023

HR 3216, the Rural Internet Improvement Act of 2023, updates the USDA's ReConnect Program to expand rural broadband access. It raises minimum speed requirements to 25 Mbps download and 3 Mbps upload for funded projects, simplifies application processes by reducing required data and allowing bond ratings instead of full financial documentation, and requires using FCC broadband maps to identify unserved areas. The bill affects rural broadband providers applying for grants, loans, or loan guarantees under the program by streamlining eligibility and reducing administrative burdens. It also mandates annual reports tracking funded locations, service speeds, and usage to ensure transparency.