1. Short title This Act may be cited as the Promoting Affordable Connectivity Act of 2024 . 2. Clarification of relationship to universal service contributions; FCC borrowing authority for Affordable Connectivity Program Section 904(i) of division N of the Consolidated Appropriations Act, 2021 ( 47 U.S.C. 1752(i) ) is amended— (1) by striking paragraph (4); (2) by redesignating paragraph (5) as paragraph (4); and (3) by adding at the end the following: (5) Borrowing authority (A) In general During the 2-year period beginning on the date of enactment of the Promoting Affordable Connectivity Act of 2024 , the Commission may borrow from the Treasury of the United States an amount not to exceed $25,000,000,000, to be used in the same manner as amounts in the Affordable Connectivity Fund. (B) Reimbursement Not later than 8 years after the date as of which the amendments made by subsections (a) and (b)(1) of section 3 of the Promoting Affordable Connectivity Act of 2024 have been implemented, as determined by the Commission, the Commission shall, using amounts from the Federal universal service support mechanisms, reimburse the general fund of the Treasury for any amounts borrowed under subparagraph (A) of this paragraph. . 3. Expansion of Universal Service Fund to support Affordable Connectivity Program (a) Expansion of Universal Service Fund contribution base To include edge providers and broadband providers Section 254 of the Communications Act of 1934 ( 47 U.S.C. 254 ) is amended— (1) in subsection (b)— (A) in paragraph (2), by inserting in a manner that promotes digital equity (as defined in section 60302 of the Digital Equity Act of 2021 ( 47 U.S.C. 1721 )) after all regions of the Nation ; and (B) in paragraph (4), by inserting , all providers of edge services, all broadband providers, and all enterprise broadband service providers after providers of telecommunications services