SPEED for BEAD Act

The SPEED for BEAD Act (HR 1870) amends the federal broadband deployment program (BEAD) to accelerate network expansion. It defines "gigabit-level broadband" as 1,000 Mbps download speeds, requires unused funds to be returned to the Treasury instead of reallocated, and allows states to remove high-cost locations from project areas. The bill prohibits grant conditions related to labor practices (e.g., union requirements), diversity initiatives, climate policies, or network management rules, while ensuring all broadband technologies meeting speed standards are eligible. It also explicitly bans government regulation of broadband pricing, directly affecting states administering BEAD funds and the internet providers they fund.