Section 1. Short title
This Act may be cited as the Broadband Equipment Rental Reform Act.
Section 2. Prohibition on charging consumers above certain amounts for certain rented equipment
Section 642 of the Communications Act of 1934 (47 U.S.C. 562) is amended—
(1) by redesignating subsection (d) as subsection (e); and
(2) by inserting after subsection (c) the following:
(d) Prohibition on charging consumers above certain amounts for certain equipment
A provider of fixed broadband internet access service that enters into a contract with a consumer after the date of the enactment of this paragraph for the provision of such service may not charge the consumer for renting, leasing, or otherwise providing to the consumer equipment (such as a router or modem) employed on the premises of the consumer for the provision of such service, if the consumer has paid to the provider through monthly rental fees the price offered to the consumer by the provider (at the time the contract was entered into) for purchasing the equipment from the provider.