NE LB311

Creates the Telecommunications Exchange Deregulation Act allowing local exchange carriers holding certificates issued on or before February 8, 1996 to petition the Public Service Commission to deregulate specific telephone exchanges where at least two other carriers (including one wireline or cable provider) serve 90% or more of household locations outside tribal areas

Deregulated carriers are exempt from carrier-of-last-resort obligations, retail service quality reporting requirements, rate restrictions, and earnings report filings, and become ineligible for Nebraska Telecommunications Universal Service Fund support

Prohibits state agencies, municipalities, counties, and other political subdivisions from regulating Internet-protocol-enabled services, voice over Internet protocol services, or conditioning access to public rights-of-way on acceptance of telecommunications service regulations

Shifts burden of proof in motor carrier certificate and permit proceedings, requiring applicants to show fitness and public need while protestants must demonstrate existing carriers meet the need and that new entrants would impair operations contrary to public interest

Adds criminal penalties for interference with broadband, communications, and wireless infrastructure facilities, and requires most provisions to take effect three calendar months after legislative session adjournment