Treasury Department’s Final Rule Uses Less Restrictive Language to Qualify for Broadband Funding
Treasury Department departed from its original proposed rule, granting recipients flexibility on broadband download and upload speeds.

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Treasury Department departed from its original proposed rule, granting recipients flexibility on broadband download and upload speeds.
WASHINGTON, January 7, 2022 – The Treasury Department on Thursday issued its final rule on the Coronavirus State and Local Fiscal Recovery Funds, expanding its rules to allow the use of such funding for broadband infrastructure.
The former BEAD director urged stakeholders to speak up againstr changes to the program that might be disruptive.
New contribution factor will apply in the second quarter of 2025
Virginia reports 91% end-to-end fiber proposals received in first funding round.
Introduced in response to January ruling striking down federal net neutrality