Senators Tammy Baldwin of Wisconsin and Joni Ernst of Iowa have introduced bipartisan legislation aimed at expanding broadband access in rural America by reducing regulatory requirements for small telecommunications providers. The Access to Capital Creates Economic Strength and Supports (ACCESS) Rural America Act would allow certain rural telecommunications companies to submit streamlined financial reports and exempt them from some Securities and Exchange Commission registration and reporting requirements. Supporters say the changes would lower compliance costs for small providers that often serve as the sole broadband option in rural communities. Baldwin said the bill would help local providers expand affordable, high-speed internet service, while Ernst said it would reduce paperwork and allow companies to focus on connecting rural residents, farmers, students and businesses. The measure is supported by the Rural Broadband Association, whose CEO Mike Romano said existing SEC requirements intended for larger publicly traded firms create significant challenges for smaller, locally owned companies. Supporters argue the legislation would free resources for broadband deployment and help strengthen connectivity in underserved rural areas.
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