; and (2) by adding at the end the following: (2) Rulemaking (A) Initial rulemaking Not later than 18 months after the date of enactment of the Lowering Broadband Costs for Consumers Act of 2023 , the Commission shall complete a rulemaking to reform the Universal Service Fund by expanding the contribution base so that broadband providers and edge providers, except as provided in paragraph (3) of this subsection, contribute on an equitable and nondiscriminatory basis to the specific, predictable, and sufficient mechanisms established by the Commission to preserve and advance universal service. (B) Revisions From time to time after the rulemaking described in subparagraph (A), the Commission may revise the rules adopted under that subparagraph, as necessary, to ensure that broadband providers and edge providers continue to contribute on an equitable and nondiscriminatory basis to the specific, predictable, and sufficient mechanisms established by the Commission to preserve and advance universal service. (3) Exempted edge providers and broadband providers The requirement to contribute described in paragraph (2) shall not apply to— (A) an edge provider that— (i) transmitted less than 3 percent of the estimated quantity of broadband data that was transmitted in the United States during the most recent year, as determined by the Commission; and (ii) earned less than $5,000,000,000 in revenue in the United States during the most recent year; or (B) an edge provider or broadband provider or class of edge providers or broadband providers if the revenue of the provider is such that the level of contribution of the provider to the preservation and advancement of universal service would be de minimis. (4) Broadband provider