SECTION 1. ACCOUNTABILITY FOR BROADBAND STIMULUS FUNDS.

    (a) In General.--Notwithstanding any other provision of law, the 
Administrator of the Rural Utilities Service or the Assistant Secretary 
of Commerce for Communications and Information shall take prompt and 
appropriate action to terminate for cause any award made under the 
Broadband Initiatives Program or the Broadband Technology Opportunities 
Program, respectively, established pursuant to the American Recovery 
and Reinvestment Act of 2009, if the Administrator or Assistant 
Secretary determines that cause exists to terminate the award. Such 
cause may include an insufficient level of performance, wasteful 
spending, or fraudulent spending.
    (b) Deobligation and Return of Funds to Treasury.--
            (1) Deobligation.--Upon terminating an award under 
        subsection (a), the Administrator or the Assistant Secretary 
        shall immediately deobligate an amount equivalent to such 
        award, as recoverable, less allowable costs.
            (2) Return to treasury.--Not later than 30 days after 
        deobligating an amount under paragraph (1), the Administrator 
        or the Assistant Secretary shall, without exception, return 
        such amount to the general fund of the Treasury of the United 
        States.
            (3) No expenditures during termination process.--The 
        Administrator or the Assistant Secretary shall promptly pursue 
        available corrective measures to ensure that funds received 
        through an award terminated under subsection (a) are not 
        expended during the termination process.
            (4) Accounting by award recipient.--The Administrator or 
        the Assistant Secretary shall direct the recipient of an award 
        terminated under subsection (a) to provide to the Administrator 
        or the Assistant Secretary a complete and accurate accounting, 
        which may include an independent accounting, for any award 
        funds that, as of the date of termination, the recipient has 
        received but has not expended on allowable costs.

SEC. 2. DISPOSITION OF UNUSED FUNDS.

    The Administrator of the Rural Utilities Service or the Assistant 
Secretary of Commerce for Communications and Information shall return 
to the general fund of the Treasury of the United States an amount 
equivalent to any award, as recoverable, less allowable costs, made 
under the Broadband Initiatives Program or the Broadband Technology 
Opportunities Program, respectively, established pursuant to the 
American Recovery and Reinvestment Act of 2009, if such award has been 
returned to the Administrator or Assistant Secretary or disclaimed by 
the award recipient at any time after the date of enactment of such 
Act.

SEC. 3. OVERSIGHT AND REPORTING REQUIREMENTS.

    (a) Action on Information From OIG or GAO.--If the Administrator of 
the Rural Utilities Service or the Assistant Secretary of Commerce for 
Communications and Information receives information from an official 
described in subsection (b) with respect to an award made under the 
Broadband Initiatives Program or the Broadband Technology Opportunities 
Program, respectively, established pursuant to the American Recovery 
and Reinvestment Act of 2009, and such information pertains to material 
noncompliance with the award terms or provisions or improper usage of 
award funds, the Administrator or the Assistant Secretary shall--
            (1) immediately review such information; and
            (2) not later than 30 days after receiving such 
        information, determine whether cause exists to terminate such 
        award under section 1(a).
    (b) Officials Described.--The officials described in this 
subsection are the following:
            (1) With respect to the Broadband Initiatives Program, the 
        Inspector General of the Department of Agriculture.
            (2) With respect to the Broadband Technology Opportunities 
        Program, the Inspector General of the Department of Commerce.
            (3) The Comptroller General of the United States.
    (c) Congressional Notification.--
            (1) In general.--Not later than 3 days after making a 
        determination described in subsection (a)(2), the Administrator 
        or the Assistant Secretary shall provide a notification of such 
        determination to--
                    (A) the Committee on Agriculture of the House of 
                Representatives and the Committee on Agriculture of the 
                Senate or the Committee on Energy and Commerce of the 
                House of Representatives and the Committee on Commerce, 
                Science, and Transportation of the Senate, 
                respectively; and
                    (B) the official who provided the information 
                described in subsection (a).
            (2) Contents of notification.--The notification required by 
        paragraph (1) shall include an explanation of--
                    (A) the determination described in subsection 
                (a)(2); and
                    (B) any action taken as a result of the 
                determination or why no action was necessary.

SEC. 4. CONFORMING AMENDMENTS.

    Section 6001(i)(4) of the American Recovery and Reinvestment Act of 
2009 (47 U.S.C. 1305(i)(4)) is amended--
            (1) by striking ``may'' and inserting ``shall''; and
            (2) by striking ``, and award these funds competitively to 
        new or existing applicants consistent with this section''.

SEC. 5. AWARD DEFINED.

    In this Act, the term ``award'' includes grants and loans.
Output: Requires the Administrator of the Rural Utilities Service or the Assistant Secretary of Commerce for Communications and Information to terminate for cause any award (including grants and loans) made under the Broadband Initiatives Program or the Broadband Technology Opportunities Program, respectively, established pursuant to the American Recovery and Reinvestment Act of 2009, if the Administrator or Assistant Secretary determines that cause exists (including insufficient level of performance, wasteful spending, or fraudulent spending) to terminate the award.

Directs the Administrator or the Assistant Secretary to: (1) deobligate, upon terminating such an award, an amount equivalent to such award, as recoverable, less allowable costs; and (2) return to the Treasury's general fund such deobligated amounts and any award returned or disclaimed by a recipient after enactment of this Act.