Implementation of the House Commerce Committee version of...
Implementation of the House Commerce Committee version of the Satellite Television Extension and Localism Act would cost $1 million total over the 2015-2019 period, the Congressional Budget Office said in a report this week (http://1.usa.gov/1i1TFuG). STELA will expire at the…
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end of the year unless Congress reauthorizes it, and the House Commerce Committee approved HR-4572, a five-year STELA extension, earlier this year. CBO notes the STELA bill version contains “private-sector mandates” for TV broadcasters and satellite companies: “Based on information from the FCC and industry sources, CBO estimates that the aggregate cost of complying with the mandates in the bill would fall below the annual threshold established in [the Unfunded Mandates Reform Act] for private-sector mandates ($152 million in 2014, adjusted annually for inflation).” It does not anticipate any other provisions in the STELA bill would be especially costly to industry or government.