; and (2) by inserting after paragraph (7) the following: (8) Timing of application of affordable connectivity benefit to account of eligible household (A) In general Not later than the next billing cycle after the billing cycle in which a participating provider verifies that a household is an eligible household under paragraph (2), the participating provider shall apply the affordable connectivity benefit to the internet service offering specified by the eligible household. (B) Guidance Not later than 18 months after the date of enactment of the Promoting Affordable Connectivity Act of 2024 , the Commission shall issue guidance for participating providers to comply with subparagraph (A). . (b) Conforming amendment Paragraph (15) of section 904(b) of division N of the Consolidated Appropriations Act, 2021 ( 47 U.S.C. 1752(b) ), as so redesignated by subsection (a), is amended by striking paragraph (12) and inserting paragraph (13) . 5. Flexibility to modify Affordable Connectivity Program requirements Section 904 of division N of the Consolidated Appropriations Act, 2021 ( 47 U.S.C. 1752 ) is amended by adding at the end the following: (k) Authority To revise program requirements (1) In general As may be appropriate to improve the functionality, administrability, or sustainability of the Affordable Connectivity Program, the Commission may promulgate regulations to alter or eliminate any requirement for the program under this section, including a requirement related to eligibility or benefit reimbursements. (2) Paperwork Reduction Act requirements A collection of information conducted or sponsored under any regulation promulgated under paragraph (1) shall not constitute a collection of information for the purposes of subchapter 1 of chapter 35 of title 44, United States Code (commonly referred to as the Paperwork Reduction Act ). .