Local Telecom Expansion Act of 2024

HR 7452, the Local Telecom Expansion Act of 2024, creates a federal grant program to expand high-speed internet access in underserved areas. It directs the Federal Communications Commission (FCC) to award competitive grants to states, which must then provide subgrants to small business broadband providers. These providers must use the funds to deploy internet service meeting specific standards: at least 25 Mbps download speed, 10 Mbps upload speed, and low latency for real-time applications. The bill directly affects small broadband companies and residents in areas currently served by only one provider meeting those minimum speed thresholds.