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House Journal: Page 1328: Thursday, April 6, 1995

48   inflation and productivity if they are found to be
49   more reflective of the individual price-regulated
50   carriers.

Page 2  

 1     (2)  Price increases for basic communications
 2   services which are permitted under this subsection may
 3   be deferred and accumulated for a maximum of three
 4   years into a single price increase, provided that a
 5   deferred and accumulated price increase under this
 6   subsection shall not at any time exceed six percent.
 7   A price decrease for basic communications services
 8   shall not be deferred or accumulated, except that
 9   price decreases of less than two percent may be
10   deferred by the local exchange carrier for one year.
11   A price decrease required under this section may be
12   offset by a price increase for a basic communications
13   service that would have been permitted under this
14   section in the previous twelve-month period, but which
15   was deferred by the local exchange carrier.  A rate
16   change pursuant to this subsection may take effect
17   thirty days after the notification of the board and
18   consumers.
19     (3)  A price-regulated local exchange carrier shall
20   not increase its aggregate revenue weighted prices for
21   nonbasic communications services more than six percent
22   in any twelve-month period.
23     (4)  A price-regulated local exchange carrier may
24   reduce the price for any basic communications service,
25   to an amount not less than the total service long-run
26   incremental cost for such service on one day's notice
27   filed with the board.  For purposes of this
28   subsection, "total service long-run incremental costs"
29   means the difference between the company's total cost
30   and the total cost of the company less the applicable
31   service, feature, or function.
32     (5)  A price-regulated local exchange carrier may
33   offer new service alternatives for any basic
34   communications services on thirty days prior notice to
35   the board, provided that the preexisting basic com-
36   munications service rate structure continues to be
37   offered to customers.  New telecommunications services
38   shall be considered nonbasic communications services
39   as defined in section 476.30A, subsection 6.
40     (6)  A price-regulated local exchange carrier must
41   reduce the average intrastate access service rates to
42   the carrier's average interstate access service rates.
43   Such carrier shall reduce the average intrastate
44   access service rates by at least twenty-five percent
45   of the difference of such rates within ninety days of
46   the election to be price-regulated and twenty-five
47   percent each of the next three years.
48     f.  A local exchange carrier shall notify customers
49   of a rate change under this subsection at least thirty
50   days prior to the effective date of the rate change.

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.

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URL: /DOCS/GA/76GA/Session.1/HJournal/01300/01328.html
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