LAST ACRE Act of 2023

The LAST ACRE Act of 2023 establishes a federal program to provide grants and loans to broadband providers for connecting agricultural land that lacks high-speed internet access. The program targets "unserved" land (with less than 25 Mbps downstream/3 Mbps upstream) and "underserved" land (with less than 100 Mbps downstream/20 Mbps upstream), prioritizing remote areas. It requires providers to offer connectivity with at least 100 Mbps downstream and 20 Mbps upstream speeds specifically designed for precision agriculture applications like farm equipment, sensors, and data collection. The program includes cybersecurity requirements for recipients and mandates annual reporting to Congress on program outcomes.