118 HR 7839 IH: Prioritizing Digital Infrastructure Financing Act U.S. House of Representatives 2024-03-29 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I118th CONGRESS2d SessionH. R. 7839IN THE HOUSE OF REPRESENTATIVESMarch 29, 2024Mr. Larsen of Washington (for himself and Ms. DelBene) introduced the following bill; which was referred to the Committee on Foreign AffairsA BILLTo amend the Better Utilization of Investments Leading to Development Act of 2018 to prioritize support to projects under that Act that increase digital infrastructure and connectivity.

1.

Short title

This Act may be cited as the Prioritizing Digital Infrastructure Financing Act.

2.

Prioritizing Digital Infrastructure and Connectivity

(a)

In general

Section 1451 of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9613) is amended by inserting after subsection (i) the following: (j)

Prioritizing Digital Infrastructure and Connectivity

The Corporation should prioritize support to projects that—(1)increase digital infrastructure and connectivity, including operators of voice and data networks, development options for countries with the greatest need for digital infrastructure investment and in cases in which competing digital infrastructure financing proposals lack high standards for data security and protection of users’ human rights; and(2)align with the Corporation’s authorities relating to provisions of support as outlined in section 1421(a)..(b)

Report

Not later than one year after the date of the enactment of this Act, the United States International Development Financing Corporation shall submit to the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate a report that includes an identification and description of—(1)regions and countries with the greatest need for investment in digital infrastructure, including the types of such digital infrastructure;(2)regions and countries in which investment in digital infrastructure will be most effective in promoting high standards for data security and protection of users’ human rights; and(3)efforts of partner governments to provide digital infrastructure development financing initiatives and efforts of the Corporation to coordinate with such partner governments with respect to such digital infrastructure development financing.