Bill > SB126

This bill increases the allocation from the State Rural Universal Service Fund (RUSF) to the Broadband Program from $30 million to $40 million annually, enhancing support for expanding internet infrastructure in rural areas of New Mexico. The legislation modifies existing telecommunications regulations to increase funding for broadband deployment, with a focus on ensuring universal service in underserved regions. The bill requires that eligible telecommunications carriers spend at least 60% of their fund support on deploying and maintaining broadband internet access in rural areas. The New Mexico Public Regulation Commission will oversee the fund, with responsibilities including establishing eligibility criteria, determining service areas needing support, and ensuring technology-neutral and equitable fund distribution. The bill also mandates annual legislative reporting on the fund's status, including progress toward digital equity and potential recommendations for structural changes. Notably, the bill will take effect on July 1, 2025, and includes provisions for the 2025 annual report to comprehensively assess the fund's future, including potential repurposing of access reduction support funds and methodologies for determining broadband support levels.

Budget and Finance, Business and Industry

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=126&year=25