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House Journal: Page 2130: Monday, May 1, 1995

 3     1.  Page 1, by inserting before line 1 the
 4   following:
 5     "Section 1.  Section 476.1D, Code 1995, is amended
 6   by adding the following new subsection:
 7     NEW SUBSECTION.  10.  The board, at the request of
 8   a long distance telephone company, shall classify such
 9   company as a competitive long distance telephone
10   company if more than half of the company's revenues
11   from its Iowa intrastate telecommunications services
12   and facilities are received from services and
13   facilities that the board has determined to be subject
14   to effective competition.  The board shall promptly
15   notify the director of revenue and finance that a long
16   distance telephone company has been classified as a
17   competitive long distance telephone company.  Upon
18   such notification by the board, the director of
19   revenue and finance shall assess the property of such
20   competitive long distance telephone company, which
21   property is first assessed for taxation in this state
22   on or after January 1, 1996, in the same manner as all
23   other property assessed as commercial property by the
24   local assessor under chapters 427, 427A, 427B, 428,
25   and 441.  As used in this section, "long distance
26   telephone company" means an entity that provides
27   telephone service and facilities between local
28   exchanges, but does not include a cellular service
29   provider or a local exchange utility holding a
30   certificate issued under section 476.29, subsection
31   12."
32     2.  Page 7, by striking lines 30 through 32 and
33   inserting the following:  "intrastate access service
34   rates by at least fifty percent of the difference
35   between average intrastate access service rates and
36   average interstate access service rates as of the date
37   that the plan is filed and further reduce such rates
38   to the average interstate access service rates within
39   ninety days of the date that the plan becomes
40   effective."
41     3.  Page 12, line 6, by inserting after the word
42   "subsection." the following:  "A local exchange
43   carrier which elects to become price regulated under
44   this subsection shall also be subject to subsections 5
45   through 8 and subsection 10 in the same manner as a
46   local exchange carrier which operates under an
47   approved plan of price regulation submitted pursuant
48   to subsection 1."
49     4.  Page 14, by inserting after line 15 the
50   following:

Page 2  

 1     "   .  A local exchange carrier which elects to
 2   become price regulated under this subsection shall
 3   also be subject to the following:
 4     (1)  The local exchange carrier shall not be

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/02100/02130.html
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