On January 27, 2020, the Federal Communications Commission released a Report and Order which permanently eliminates the E-rate program’s requirement that upfront non-recurring Category One charges in excess of $500,000 be amortized over three or more Funding Years.  
 
The amortization requirement had been temporarily suspended in the FCC’s Second E-rate Modernization Report and Order, and the Commission issued a Notice of Proposed Rulemaking in January 2019 which proposed eliminating the requirement entirely. A number of stakeholders supported the proposal:
In the Report and Order, the FCC recognized that “reinstating the amortization requirement would likely chill deployment of broadband infrastructure and hinder the Commission’s goal of closing the digital divide.” In a separate statement, Commissioner Jessica Rosenworcel supported the change, stating that “eliminating an antiquated accounting policy…is the right call.”