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2002 SESSION

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HB 1021 Local telecommunications services.

Introduced by: Daniel W. Marshall, III | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Local communications services. Allows a locality, electric commission or board, industrial development authority, or economic development authority in certain underserved areas to offer qualifying communications services, or enter into public-private partnerships to offer such qualifying communications services. A "qualifying communications service" is defined as a communications service, which shall include but is not limited to, high-speed data service and Internet access service, of general application, but excludes cable television service. Such services may be provided only after approval by the State Corporation Commission. The Commission shall not approve a petition unless it finds that the qualifying communications service, or functional substitutes therefor, is readily and generally available from three or more nonaffiliated companies. The Commission's approval may be revoked not earlier than five years after its approval if it finds that the criteria upon which the approval was granted no longer exist or are no longer being satisfied, and thereafter the entity shall cease to offer the services and shall offer its related assets for sale at fair market value.


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