Text: HSB00148 Text: HSB00150 Text: HSB00100 - HSB00199 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 476.96, subsection 1, Code 2001, is 1 2 amended to read as follows: 1 3 1. "Basic communications service" includes at a minimum, 1 4 basic local telephone service,switched access,911 and E-911 1 5 services, and dual party relay service. The board is 1 6 authorized to classify by rule at any time, any other two-way 1 7 switched communications services as basic communications 1 8 services consistent with community expectations and the public 1 9 interest. 1 10 Sec. 2. Section 476.97, subsection 11, paragraph e, 1 11 subparagraph (3), Code 2001, is amended to read as follows: 1 12 (3) A price-regulated local exchange carriershall notmay 1 13 increase its aggregate revenue weighted prices for nonbasic 1 14 communications servicesmore than six percentonce in any 1 15 twelve-month period. 1 16 (a) The aggregate revenue weighted prices for switched 1 17 access services shall not exceed the switched access prices 1 18 charged by rural Iowa independent telephone companies as of 1 19 December 31, 2000. 1 20 (b) Local exchange carriers electing to make price changes 1 21 to nonbasic communication services under this subparagraph (3) 1 22 shall make additional network infrastructure investments that 1 23 on an annual or cumulative basis equal any additional revenue 1 24 generated by each price change made under this subparagraph 1 25 for a period of five years. The local exchange carrier shall 1 26 file, at the time of each price change, a calculation of the 1 27 network infrastructure commitment required by this 1 28 subparagraph. Subsequent to the rate change filing, the local 1 29 exchange carrier shall annually file a report with the board 1 30 demonstrating that the local exchange carrier has complied 1 31 with this subparagraph. The local exchange carrier may invest 1 32 the aggregate five-year incremental investment in any specific 1 33 year or years of the period, but the total investment 1 34 commitment must be completed within the five-year period. 1 35 Sec. 2. Section 476.97, subsection 11, paragraph i, Code 2 1 2001, is amended to read as follows: 2 2 i. This subsection shall not be construed to prohibit an 2 3 additional decrease or to permit any increase in a local 2 4 exchange carrier's average intrastate access service rates 2 5 during thetermfirst four years of the local exchange 2 6 carrier's operation under price regulation. 2 7 EXPLANATION 2 8 This bill amends sections in Code chapter 476 dealing with 2 9 price regulation for telecommunications services providers. 2 10 The bill amends the definition of "basic communications 2 11 service" in Code section 476.96 by removing switched access 2 12 service from the definition. 2 13 The bill amends Code section 476.97 to provide that a 2 14 price-regulated local exchange carrier may increase its 2 15 aggregate revenue weighted prices for nonbasic communication 2 16 services once in any 12-month period, rather than limiting its 2 17 increase in aggregate revenue weighted prices to 6 percent in 2 18 any 12-month period. The bill adds new language providing 2 19 that the aggregate revenue weighted prices for switched access 2 20 services shall not exceed the switched access prices charged 2 21 by rural Iowa independent telephone companies as of December 2 22 31, 2000. 2 23 The bill also adds new language that provides that local 2 24 exchange carriers that elect to make the new price changes 2 25 shall be required to make additional network infrastructure 2 26 investments that on an annual or cumulative basis equal 2 27 additional revenue generated by each price change. The local 2 28 exchange carrier must file a calculation of the network 2 29 infrastructure commitment required at the time of each price 2 30 change, and must file an annual report with the Iowa utilities 2 31 board demonstrating compliance with this requirement. 2 32 The local exchange carrier may invest the aggregate five- 2 33 year incremental investment in any specific year or years of 2 34 the period, but the total investment must be completed within 2 35 the five-year period. 3 1 The bill also amends Code section 476.97 to specify that 3 2 subsection 11 applies to the first four years of the local 3 3 exchange carrier's operation under price regulation with 3 4 regard to intrastate access service rates. 3 5 LSB 1943HC 79 3 6 jj/cls/14
Text: HSB00148 Text: HSB00150 Text: HSB00100 - HSB00199 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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