LD 947
pg. 5
Page 4 of 5 An Act To Create the Cable Television Franchise Board LD 947 Title Page
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LR 1345
Item 1

 
may be invested as provided by law with the earnings credited to
the fund.__Funds not expended at the end of a fiscal year do not
lapse but are carried forward for the purposes specified in this
subsection.

 
SUMMARY

 
This bill creates the Cable Television Franchise Oversight
Board to license cable television companies and to oversee and
regulate the cable television franchising process between
municipalities and cable television companies. The board has
7 members appointed by the Governor. The board has rulemaking
and regulatory authority, is authorized to hire staff and is
authorized to assess cable television companies to fund its
operations.


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