Summary: S.500 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for S.500. Bill summaries are authored by CRS.

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Introduced in Senate (03/08/2001)

Universal Service Support Act - Amends the Communications Act of 1934 to terminate current caps and limitations on universal service support mechanisms. Prohibits the Federal Communications Commission (FCC) from enforcing or reimposing such caps or limitations for rural telephone companies or exchanges they acquire based on fund size or other considerations unrelated to the sufficiency of support to achieve desired purposes.

Requires the FCC to calculate: (1) high-cost (in excess of 115 percent of the nationwide average) loop (connection) support portions; and (2) the nationwide average unseparated loop cost.