; allocation For purposes of this subsection, the broadband infrastructure bonds volume cap of a State for any calendar year is the portion of the national broadband infrastructure bond limitation under paragraph (1) equal to the sum of— (A) $25,000,000, plus (B) the amount which bears the same ratio to $1,250,000,000 as the— (i) number of individuals in such State who reside in rural areas (as defined in section 343(a)(13) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1991(a)(13) without regard to subparagraph (B) or (C) thereof), bears to (ii) the total number of individuals living in such rural areas in all States. (3) Allocation of volume cap (A) In general For purposes of this section— (i) except as provided in subparagraph (C), 50 percent of the State broadband infrastructure bonds volume cap of a State for any calendar year shall be allocated to qualified issuers that are not agencies of the State in the amount determined under subparagraph (B), and (ii) the remaining 50 percent of such volume cap shall be allocated to qualified issuers in such manner as the State provides. (B) Amount of allocation (i) In general The amount of the State broadband infrastructure bonds volume cap for any calendar year allocated under this subparagraph to any qualified issuer described in subparagraph (A)(i) shall be equal to the amount which bears the same ratio to the amount described in subparagraph (A)(i) for such calendar year as— (I) the number of individuals in such State who reside in rural areas (as defined in section 343(a)(13) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1991(a)(13) without regard to subparagraph (B) or (C) thereof) within the jurisdiction of such qualified issuer, bears to (II) the total number of individuals living in such rural areas in the State. (ii) Special rule for overlapping jurisdictions For purposes of clause (i)(I), if an area is within the jurisdiction of 2 or more governmental units, such area shall be treated as only within the jurisdiction of the