Rural Broadband Modernization Act

The Rural Broadband Modernization Act would create a federal program to fund broadband infrastructure in rural areas through grants, loans, and loan guarantees. It establishes a minimum service standard of 100 Mbps symmetrical broadband for all rural households, prioritizing projects for communities without any existing broadband service (or with inadequate service) and requiring at least 90% of households in a service area to be unserved. The program would allocate $500 million annually from 2026-2030, with funds distributed based on the number of small communities (under 2,500 residents) in each state. Eligible applicants include local governments, tribal entities, and private companies that can demonstrate they'll meet the service requirements within 5 years.