A bill aiming to cut the regulation faced by telecommunications providers that prevent investment passed the Senate Economic Development Committee Tuesday.
Senate Bill 10, sponsored by Sen. Paul Hornback, follows up on the telecommunications reforms made in 2015 and seeks to modernize Kentucky’s out of date telecommunications laws which stifle growth and economic development.
The legislation would apply the same modern, investment-friendly law that has been in place in urban areas since 2015 to all areas of the state. Extending the law will eliminate outdated regulations that only serve to throttle investment in new technologies.
The Kentucky Chamber has long been a supporter of modernizing Kentucky’s telecommunications regulations which are burdensome, out of date and hinder economic growth. Read an op-ed from Kentucky Chamber President Dave Adkisson on the issue here.
Senate Bill 10 now heads to the Senate floor for a full vote.