Georgia House committee passes bill eliminating universal service fund

Posted February 17th, 2012 in Georgia, telephone, universal service fund and tagged , by Alton Drew

It looks like the state of Georgia doesn’t need universal funding for telephone service anymore. The Georgia House Committee on Energy, Utilities, and Telecommunications passed HB 855, the Telecommunications Fair Competition and Consumer Protection Act. The Act would reduce the amount of universal service funding received to the equivalent of 110% of the average state-wide weighted rate of a residential line provided by rate of return carrier.

The bill also caps payments received from the fund for the next three years. In 2012, distributions would be capped at $9 million; in 2013 at $6 million; and in 2014 at $3 million. There would be no more distributions after 2014.

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