Prioritizing Digital Infrastructure Financing Act
This bill directs the United States International Development Finance Corporation to prioritize projects that increase digital infrastructure and connectivity.  The bill also requires the Corporation to submit a report on regions and countries with the greatest need for digital infrastructure.
To amend the Better Utilization of Investments Leading to Development 
Act 2018 to prioritize support to projects under that Act that increase 
                digital infrastructure and connectivity.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Prioritizing Digital Infrastructure 
Financing Act''.

SEC. 2. PRIORITIZING DIGITAL INFRASTRUCTURE AND CONNECTIVITY.

    (a) In General.--Section 1451 of the Better Utilization of 
Investments Leading to Development Act 2018 (22 U.S.C. 9613) is amended 
by inserting after subsection (i) the following:
    ``(j) Prioritizing Digital Infrastructure and Connectivity.--The 
Corporation should prioritize support to projects that--
            ``(1) increase digital infrastructure and connectivity, 
        including operators of voice and data networks, development 
        options for countries with the greatest need for digital 
        infrastructure investment and in cases in which competing 
        digital infrastructure financing proposals lack high standards 
        for data security and protection of users' human rights; and
            ``(2) align with the Corporation's authorities relating to 
        provisions of support as outlined in section 1421(a).''.
    (b) Report.--Not later than one year after the date of the 
enactment of this Act, the United States International Development 
Financing Corporation shall submit to the Committee on Foreign Affairs 
of the House of Representatives and the Committee on Foreign Relations 
of the Senate a report that includes an identification and description 
of--
            (1) regions and countries with the greatest need for 
        investment in digital infrastructure, including the types of 
        such digital infrastructure;
            (2) regions and countries in which investment in digital 
        infrastructure will be most effective in promoting high 
        standards for data security and protection of users' human 
        rights; and
            (3) efforts of partner governments to provide digital 
        infrastructure development financing initiatives and efforts of 
        the Corporation to coordinate with such partner governments 
        with respect to such digital infrastructure development 
        financing.
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Prioritizing Digital Infrastructure Financing Act
To amend the Better Utilization of Investments Leading to Development Act 2018 to prioritize support to projects under that Act that increase digital infrastructure and connectivity.
Prioritizing Digital Infrastructure Financing Act
Rep. Larsen, Rick