Bipartisan Senate Bill Would Cut ISPs’ Red Tape Filings with Financial Regulators
The bill would cut compliance costs for small broadband providers.
WASHINGTON, July 16 – Sens. Tammy Baldwin, D-Wis., and Joni Ernst, R-Iowa, reintroduced bipartisan legislation to cut through red tape and expand internet access to rural communities by reducing regulatory costs for small broadband providers.
On Wednesday, the senators reintroduced the Access to Capital Creates Economic Strength and Supports Rural America Act. The bill allows rural telecommunications service providers to submit streamlined financial reports to the Securities and Exchange Commission.
