Passed out of Committee Unopposed - Apr 24, 2006 09:39 PM (BusinessWire)
SAN FRANCISCO--(BUSINESS WIRE)--April 24, 2006--Today, the Assembly Utilities and Commerce Committee held a policy hearing in Sacramento on Assembly Bill AB2987, "The Digital Infrastructure and Video Competition Act of 2006." The bill was passed out of committee unopposed and will now move to the Assembly Appropriations Committee for review. Authored by Speaker of the Assembly Fabian Nunez, (D - Los Angeles), and co-authored by Assembly Utilities and Commerce Committee Chair Lloyd Levine, (D - Van Nuys), AB2987 seeks to modernize an outdated regulatory process which serves as a barrier to video competition in California and replace it with a new, state-issued authorization. The goals of the new legislation are to encourage investment and new jobs in the state, and speed the availability of innovative video technologies and new choices for consumers.
-