Illinois’ credit rating took another hit this week and several bills were signed into law, including measures that will overhaul the state’s archaic telecommunications act and put Illinois residents to work.

Senator Tim Bivins said Senate Bill 107 (P.A. 96-0927) will modernize Illinois’ existing telecommunications law, which had been implemented before the prevalent use of cell phones. The law will continue to safeguard consumers by extending affordable package options to those who still use landline services, while also lifting unnecessary regulations to promote companies’ investment in wireless and broadband technology.

The measure also encourages market competition by allowing telephone companies to alter price and phone package details without approval from the Illinois Commerce Commission, which often took weeks." />

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