Reforming Broadband Connectivity Act of 2023

This bill requires the Federal Communications Commission (FCC) to study whether the Universal Service Fund (USF) - which helps fund broadband access in rural and low-income areas - should expand who pays into it. Within 120 days of enactment, the FCC must complete this study and report findings to Congress, then propose new rules within a year to reform the USF contribution system. The key mechanism is expanding the USF's funding base to ensure costs are shared fairly between consumers and businesses, while considering impacts on seniors. It directly affects telecom companies currently required to contribute to the USF, but does not change how the fund distributes support.