RECAPTURE Act

This bill changes how leftover money in the federal Broadband Equity, Access, and Deployment (BEAD) Program is handled. When a state or other eligible entity's final proposal is approved, the remaining grant funds that the proposal designates for a specific purpose would still go to that entity. Remaining funds not designated for a specific purpose would instead be deposited in the U.S. Treasury's general fund to be used only for deficit reduction. The bill also removes a provision about reallocating certain funds to other eligible entities and makes technical wording changes.

Full text and official record on Congress.gov

Sponsors

• Joni Ernst Republican sponsor
• 5 cosponsors