Saturday, August 4, 2012

Colorado Telecommunication Reform Bill Dies

A state Senate committee shelved sweeping telecom reform legislation Friday, ending an attempt to overhaul Colorado’s telecom rules and phase out $54 million in subsidies to phone companies. The Senate Appropriations Committee postponed the bill indefinitely, eliminating its chance of passage in the waning days of the current lawmaking session.

It was the second consecutive year telecommunications reform proposals have been defeated. The bipartisan proposal, Senate Bill 157, would have phased out state subsidies for rural landlines by 2025, gradually eliminating a $54 million fund paid for through a 2.9 percent fee on residential phone bills in Colorado

Business Journal Greg Avery

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