Telecommunications Act of 1996
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Established in 1996, this law amends the Communications Act of 1934. It gives guidelines and standards to telecommunications carriers to installation of network features, functions and capabilities.
The law also specifies that telecommunications services and network capacity given to health care, schools and libraries may not be resold or transferred for monetary gain. Also, it requires the FCC (Federal Communications Commission) that universal service is available at just, reasonable and affordable rates.
Much has changed in the telecommunications world since the internet is so dependent on networks, so this law is perhaps difficult to fit into today's interconnected society. But, it still remains law today.
For a more detailed summary, go here.