California’s broadband upgrade fund could lose $120 million, after senate committee caps subsidy bill
CASF funding status Part 1:
The California senate’s appropriations committee slammed a hard limit on the amount of money the California Public Utilities Commission can collect from taxpayers to fund broadband infrastructure subsidies. If the cap becomes law, it will lead to a cut of about $120 million from money previously approved for expanding and upgrading broadband service in California, primarily in rural communities.
The amendments to senate bill 1130 – approved behind closed doors on Thursday – would remove the CPUC’s authority to increase the tax on telephone bills that’s collected for the California Advanced Services Fund (CASF).… More