Senate Bill 18-002 Signed by Governor Hickenlooper!


Colorado Broadband Office News

On April 2, Governor Hickenlooper signed Senate Bill 18-002 into law, a bill that that provides approximately $115 million to the Broadband Fund over the next six years. The Fund distributes grants to broadband providers who are interested in serving unserved areas of rural Colorado, which is defined as areas without access to the FCC definition (25 Mbps download and 3 Mbps upload) of basic broadband.

The centerpiece of the bill is the establishment of a formalized transition schedule for current High Cost Support Mechanism (HCSM) funds from traditional voice providers to the Broadband Fund. The process will begin in 2019 and provide:

  • 2019 – 60% of revenues to the HCSM transferred to the Broadband Fund
  • 2020 – 70% of revenues to the HCSM transferred to the Broadband Fund
  • 2021 – 80% of revenues to the HCSM transferred to the Broadband Fund
  • 2022 – 90% of revenues to the HCSM transferred to the Broadband Fund
  • 2023 – 100% of revenues to the HCSM transferred to the Broadband Fund

The bill also contains some minor modifications to the Broadband Board grant process and cleans up some regulatory language in current statute.

The bill took a tremendous amount of effort and compromise amongst all stakeholders, public and private. Those involved are complimented on their ability to find a solution to ensure our broadband efforts have the funding necessary to make an impact!

If you have questions about the impact of the bill on the Broadband Deployment Board or the Broadband Fund, please contact Broadband Board Staff Director, Jordan Beezley at jordan.beezley@state.co.us.

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