; (B) in paragraph (2)— (i) in subparagraph (A)— (I) by striking subparagraphs (B) and (C) and inserting subparagraph (B) ; (II) by striking is submitted— and all that follows through (i) not less than 50 and inserting is submitted not less than 75 ; and (III) by striking (e); and and all that follows and inserting (e). ; (ii) in subparagraph (B), by striking (A)(i) and inserting (A) ; and (iii) by striking subparagraph (C); and (C) by striking paragraphs (4) and (5); (5) in subsection (e)— (A) in paragraph (1)— (i) by striking Subject to paragraph (2), for and inserting For ; (ii) in subparagraph (A), by striking 25 and inserting 50 ; and (iii) in subparagraph (B), by striking 3 and inserting 25 ; (B) by striking paragraph (2) and inserting the following: (2) Adjustments The Secretary may adjust, through a 30-day public notice and comment period published in the Federal Register, an increase in the minimum level of broadband service under paragraph (1) of no more than 50 percent from the preceding year, if less than 95 percent of the funds of the program are obligated in the preceding 2 funding rounds. ; and (C) in paragraph (4)— (i) in the paragraph heading, by striking buildout and inserting project agreement ; and (ii) by striking subparagraphs (B) through (D) and inserting the following: (B) Broadband buildout standards defined A project must meet the following applicable broadband standard in order to be considered for assistance