Today's Regulatory Mix: FCC Reforms IP Captioned Telephone Service Rates, FCC Revises Team Telecom Rules, FCC Fines Sandwich Isles Over $49 Million for Defrauding USF, US Congress COMPETE Act
FCC Reforms IP Captioned Telephone Service Rates
At its Open Meeting, the FCC voted to issue a Report and Order setting TRS Fund compensation rates for IP CTS at $1.42 per minute for the remainder of Fund Year 2020-21 (December 1, 2020, through June 30, 2021) and $1.30 per minute for Fund Year 2021-22 (July 1, 2021, through June 30, 2022). The rates, reduced from the current level of $1.58 per minute, will bring TRS Fund expenditures for IP CTS into line with current average costs and are expected to save the TRS Fund approximately $200 million through June 30, 2022.
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