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House Journal: Page 1327: Thursday, April 6, 1995

Dinkla of Guthrie offered the following amendment H-3781, to
amendment H-3610, filed by Dinkla, Renken, Lamberti, Bell and
Carroll from the floor and moved its adoption:
H-3781
 1     Amend the amendment, H-3610, to House File 518 as
 2   follows:
 3     1.  Page 9, by inserting after line 7 the
 4   following:
 5     "10.  a.  Notwithstanding subsections 1 through 9,
 6   a local exchange carrier with fewer than five hundred
 7   thousand access lines in this state shall have the
 8   option to be regulated pursuant to subsections 1
 9   through 9 or pursuant to this subsection.
10     b.  A local exchange carrier which elects to become
11   price regulated under this subsection shall give
12   written notice to the board of such election not less
13   than thirty days prior to the date such regulation is
14   to commence.
15     c.  Upon election of a local exchange carrier to
16   become price-regulated under this subsection, the
17   carrier shall reduce its rates for basic local
18   telephone service an average of three percent.  In
19   lieu of the three percent reduction, the local
20   exchange carrier may establish its rates for basic
21   local telephone service in a rate proceeding under
22   section 476.3 or 476.6 commenced after the effective
23   date of this Act.
24     d.  Initial prices for basic communications
25   services, other than basic local telephone service,
26   shall be set at the rates in effect as of the first of
27   July prior to the date such regulation is to commence.
28     e.  (1)  A price-regulated local exchange carrier
29   shall not increase its rates for basic communications
30   services, for a period of twelve months after electing
31   to become price regulated.  To the extent necessary,
32   rates for basic services may be increased to carry out
33   the purpose of any rules that may be adopted by the
34   board relating to the terms and conditions of
35   unbundled services and interconnection.  A price-
36   regulated local exchange carrier may increase its
37   rates for basic communications services following the
38   initial twelve-month period, to the extent that the
39   change in rate does not exceed two percentage points
40   less than the most recent annual change in the gross
41   domestic product price index, as published by the
42   federal government.  If application of such formula
43   achieves a negative result, prices shall be reduced so
44   that the cumulative price change for basic services,
45   including prior price reductions in these services,
46   achieves the negative result.  After January 1, 2000,
47   the board by rule may adopt different measures of

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 1)

© 1995 Cornell College and League of Women Voters of Iowa

Comments? hjourn@legis.iowa.gov.

Last update: Sun Jan 14 21:05:02 CST 1996
URL: /DOCS/GA/76GA/Session.1/HJournal/01300/01327.html
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