47 C.F.R. § 54.1504

Term of Stage 2 fixed support, phase-down of legacy fixed support, and reporting obligations for phase-down support recipient.

            (a)
            Term of support.
             Support awarded through Stage 2 of the fixed Uniendo a Puerto Rico Fund and of the fixed Connect USVI Fund shall be provided for ten years.

            (b)
            Phase-down of legacy support.
             Stage 2 of the fixed Uniendo a Puerto Rico Fund and of the fixed Connect USVI Fund shall replace the legacy frozen high-cost support for the Territories. Beginning on a date determined by the Wireline Competition Bureau and announced by public notice following authorization of a winning application, frozen support recipient carriers will receive
            2/3
             frozen fixed support amortized for the first 12 months following the date announced by public notice; and
            1/3
             frozen fixed support amortized over the second 12-month period. Beginning June 1, 2023, legacy frozen support recipient carriers that continue receiving phase-down legacy support for use in accordance with applicable rules shall be authorized to continue to receive
            1/3
             frozen fixed support for the geographic areas in which it was not selected as the winning applicant of the Stage 2 competitive process. The frozen support recipient carriers shall receive a monthly support amount equal to the amortized monthly
            1/3
             frozen fixed support amount until December 31, 2025, and zero frozen support thereafter.

[84 FR 59963, Nov. 7, 2019, as amended at 88 FR 29000, May 5, 2023]

Official source