Bill 118 hr 5443, also known as the Advancing America's Connectivity and Economic Security (AACE) Act, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to improve connectivi...
ty and economic security in the United States by investing in critical infrastructure projects.
The AACE Act focuses on several key areas, including expanding access to high-speed internet in rural and underserved communities, modernizing transportation infrastructure, and promoting economic development through strategic investments. The bill also aims to strengthen cybersecurity measures to protect critical infrastructure from cyber threats.
One of the main provisions of the AACE Act is the establishment of a grant program to fund infrastructure projects that will improve connectivity and economic security. This program will prioritize projects that benefit rural and underserved communities, as well as those that promote economic growth and job creation.
Additionally, the bill includes provisions to streamline the permitting process for infrastructure projects, reduce regulatory barriers, and encourage public-private partnerships to leverage private sector investment in critical infrastructure.
Overall, the AACE Act seeks to address the challenges facing the United States in terms of connectivity and economic security by investing in infrastructure projects that will create jobs, stimulate economic growth, and improve the quality of life for all Americans.