Sens Capito, Klobuchar Introduce Legislation to Measure the Economic Impact of Broadband on US Economy
Sens Shelley Moore Capito (R-WV) and Amy Klobuchar (D-MN), co-chairs of the Senate Broadband Caucus, have introduced bipartisan legislation to measure the economic impact of broadband on the US economy. 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 US 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 US economy. 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.
Sens Capito, Klobuchar Introduce Legislation to Measure the Economic Impact of Broadband on US Economy Senators push for broadband study (The Hill) Bill Would Gauge Broadband’s Economic Impacts (B&C)