Text: S03347 Text: S03349 Text: S03300 - S03399 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 527 as follows: 1 2 #1. By striking everything after the enacting 1 3 clause and inserting the following: 1 4 "Section 1. Section 476.97, subsection 11, 1 5 paragraph a, Code 1997, is amended to read as follows: 1 6 a. Notwithstanding subsections 1 through 10, a 1 7 local exchange carrierwith fewer than five hundred1 8thousand access lines in this stateshall have the 1 9 option to be regulated pursuant to subsections 1 1 10 through 10 or pursuant to this subsection. A local 1 11 exchange carrier which elects to become price 1 12 regulated under this subsection shall also be subject 1 13 to subsections 5 through 8 and subsection 10 in the 1 14 same manner as a local exchange carrier which operates 1 15 under an approved plan of price regulation submitted 1 16 pursuant to subsection 1. 1 17 Sec. 2. Section 476.97, subsection 11, paragraph 1 18 c, Code 1997, is amended to read as follows: 1 19 c. (1) Upon election of a local exchange carrier 1 20 to become price-regulated under this subsection, the 1 21 carrier shall reduce its rates for basic local 1 22 telephone service an average of three percent. In 1 23 lieu of the three percent reduction, the local 1 24 exchange carrier may establish its rates for basic 1 25 local telephone service in a rate proceeding under 1 26 section 476.3 or 476.6 commenced after July 1, 1995. 1 27 (2) Notwithstanding subparagraph (1), upon the 1 28 election of a local exchange carrier with five hundred 1 29 thousand or more access lines to become price- 1 30 regulated under this subsection, the carrier shall 1 31 reduce its rates for basic local telephone service an 1 32 average of four and one-half percent. In lieu of the 1 33 four and one-half percent reduction, the local 1 34 exchange carrier may establish its rates for basic 1 35 local telephone service in a rate proceeding under 1 36 section 476.3 or 476.6 commenced after the effective 1 37 date of this Act. 1 38 Sec. 3. Section 476.97, subsection 11, paragraph 1 39 e, Code 1997, is amended by adding the following new 1 40 subparagraph: 1 41 NEW SUBPARAGRAPH. (7) Notwithstanding 1 42 subparagraph (6), a local exchange carrier with five 1 43 hundred thousand or more access lines which enters 1 44 into a plan on or after the effective date of this 1 45 Act, shall immediately reduce its average intrastate 1 46 access service rates by at least fifty percent of the 1 47 difference between average intrastate access service 1 48 rates and average interstate access service rates as 1 49 of the date the plan is filed, and further reduce such 1 50 rates by the remaining amount of the difference in 2 1 equal annual reductions on the anniversary of the 2 2 filing of the plan during the first two years that its 2 3 plan is in effect. 2 4 Sec. 4. Section 476.97, Code 1997, is amended by 2 5 adding the following new subsection: 2 6 NEW SUBSECTION. 12. A plan for price regulation, 2 7 or the operation of a local exchange carrier under a 2 8 plan for price regulation, does not restrict or 2 9 diminish the authority of the board with regard to 2 10 complaints filed pursuant to section 476.3 or 476.11, 2 11 476.100, or pursuant to section 476.101, subsection 2 12 8." 2 13 2 14 2 15 2 16 MICHAEL E. GRONSTAL 2 17 SF 527.3 2 18 mj/cc/26
Text: S03347 Text: S03349 Text: S03300 - S03399 Text: S Index Bills and Amendments: General Index Bill History: General Index
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