The bill amends section 86-1505 of the Reissue Revised Statutes of Nebraska, which pertains to the duties of the Public Service Commission under the Rural Communications Sustainability Act. The amendments allow for a more streamlined process regarding the obligations of incumbent carriers in areas where competitive providers receive public funds for broadband deployment. Specifically, after a granting agency makes final payment to a competitive provider, the commission is required to expeditiously relieve the incumbent carrier of certain obligations upon request from either the incumbent carrier or the competitive provider, provided that the competitive provider is in compliance with the broadband deployment program.

Additionally, the bill outlines the commission's responsibilities in determining support allocations from the Nebraska Telecommunications Universal Service Fund and coordinating with the Federal Communications Commission to assess whether obligations should be transferred to the competitive provider. The original section 86-1505 is repealed, indicating a complete overhaul of the previous legal framework governing these telecommunications obligations.

Statutes affected:
Introduced: 86-1505