Accurate, reliable data on the economic impact of broadband is a valuable tool for policymakers and business leaders; Many research institutions, state broadband offices, and trade associations have highlighted the need for this data
The Measuring the Economic Impact of Broadband Act would require the Secretary of Commerce, acting through the Director of the Bureau of Economic Analysis, to conduct a study of the effects of broadband deployment and adoption on the U.S. economy
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Shelley Moore Capito (R-WV), co-chairs of the Senate Broadband Caucus, announced that the Measuring the Economic Impact of Broadband Act has passed the Senate. While the federal government measures the economic impact of many industries, it does not produce current, reliable statistics on the economic impact of broadband on the U.S. economy. Accurate, reliable data on the economic impact of broadband is a valuable tool for policymakers and business leaders and many research institutions, state broadband offices, and trade associations have highlighted the need for this data. The Measuring the Economic Impact of Broadband Act would require the Bureau of Economic Analysis to conduct a study of the effects of broadband deployment and adoption on the U.S. economy.
“Broadband is a critical force for creating jobs, leveling the playing field, and increasing opportunity,” Klobuchar said. “Our bipartisan legislation will help provide us with the reliable, publicly available economic data we need to make informed decisions about expanding broadband, connecting our communities, and keeping us competitive in an increasingly digital world.”
“Broadband connectivity has the power to unleash jobs and fuel economic growth throughout the country, especially in rural areas like West Virginia. This legislation will provide the data needed to measure the benefits of broadband accessibility and the importance of investing in critical broadband infrastructure. I’m proud to join with my partner on the Senate Broadband Caucus to introduce a bill that will help bridge the digital divide in the areas that need it most,” Capito said.
In conducting this analysis, the Secretary will consider job creation, business headcount, online commerce, income, education and distance learning, telehealth, telework, agriculture, population growth, population density, broadband speed, and geography. The Secretary may consult representatives of business, including rural and urban internet service providers and telecommunications infrastructure providers; state, local, and Tribal government agencies; and consumer and community organizations.
Other original cosponsors of the bill include Senators Angus King (I-ME), Heidi Heitkamp (D-ND), and John Boozman (R-AR), who are the other co-chairs of the Senate Broadband Caucus, and Senators Dan Sullivan (R-AK) and Catherine Cortez Masto (D-NV).
This legislation is supported by Connected Nation, NTCA – The Rural Broadband Association, CTIA, WIA – The Wireless Infrastructure Association, ITTA – The Voice of America’s Broadband Providers and CCIA.