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Text: S03200 - S03299                   Text: S Index
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Senate Amendment 3292

Amendment Text

PAG LIN
  1  1    Amend Senate File 429 as follows:
  1  2    #1.  Page 1, by striking lines 16 through 34 and
  1  3 inserting the following:
  1  4    "Sec.    .  Section 476.97, subsection 11,
  1  5 paragraph e, subparagraph (3), Code 2001, is amended
  1  6 by adding the following new subparagraph subdivisions:
  1  7    NEW SUBPARAGRAPH SUBDIVISION.  (a)  The aggregate
  1  8 revenue weighted prices for switched access services
  1  9 shall not exceed the switched access prices charged by
  1 10 rural Iowa independent telephone companies as of
  1 11 December 31, 2000.
  1 12    NEW SUBPARAGRAPH SUBDIVISION.  (b)  Local exchange
  1 13 carriers electing to make price changes to nonbasic
  1 14 communications services under this subparagraph (3)
  1 15 shall make additional network infrastructure
  1 16 investments in advanced telecommunications services,
  1 17 including high-speed internet services, that on an
  1 18 annual or cumulative basis equal any additional
  1 19 revenue generated by each price change made under this
  1 20 subparagraph (3) for a period of five years.
  1 21    NEW SUBPARAGRAPH SUBDIVISION.  (c)  Advanced
  1 22 telecommunications services provided as part of the
  1 23 additional network investments under subparagraph
  1 24 subdivision (b) shall be made available on an
  1 25 equivalent basis to all customers in the service area
  1 26 of the local exchange carrier.
  1 27    NEW SUBPARAGRAPH SUBDIVISION.  (d)  The local
  1 28 exchange carrier shall file, at the time of each price
  1 29 change, a calculation of the network infrastructure
  1 30 investment commitment required by this subparagraph
  1 31 (3).
  1 32    NEW SUBPARAGRAPH SUBDIVISION.  (e)  Subsequent to
  1 33 the rate change filing, the local exchange carrier
  1 34 shall annually file a report with the board
  1 35 demonstrating that the local exchange carrier has
  1 36 complied with this subparagraph (3).
  1 37    NEW SUBPARAGRAPH SUBDIVISION.  (f)  The local
  1 38 exchange carrier may invest the aggregate five-year
  1 39 incremental investment required under subparagraph
  1 40 subdivision (b) in any specific year or years of the
  1 41 period, but the total investment commitment must be
  1 42 completed within the five-year period.
  1 43    NEW SUBPARAGRAPH SUBDIVISION.  (g)  The board shall
  1 44 annually evaluate the impact of a rate change under
  1 45 this subparagraph (3) on customers and ratepayers,
  1 46 including but not limited to evaluation of rates and
  1 47 services, and if the board determines that the overall
  1 48 impact is contrary to the interest of Iowa consumers,
  1 49 the board may either:
  1 50    (i)  Prohibit further price changes, reinstate the
  2  1 price limitation previously imposed under this
  2  2 subparagraph (3), and void any investment requirements
  2  3 and any other related requirements under this
  2  4 subparagraph (3).
  2  5    (ii)  Allow other rate-regulated local exchange
  2  6 carriers to participate in an equivalent five-year
  2  7 plan."
  2  8    #2.  Page 2, by inserting after line 6 the
  2  9 following:
  2 10    "Sec.    .  REPEAL – CONTINGENCY.  This Act is
  2 11 repealed effective June 30, 2006, except as provided
  2 12 in section 100 of this Act.  Upon repeal, the Code
  2 13 editor shall delete from the Code new language added
  2 14 to the Code by this Act and restore to the Code
  2 15 language deleted by this Act.
  2 16    Sec. 100.  DIRECTIVE TO THE BOARD – EXTENSION OF
  2 17 REPEAL.  If the utilities board adopts rules pursuant
  2 18 to this Act that permit other rate-regulated local
  2 19 exchange carriers to participate in equivalent five-
  2 20 year plans involving price changes and network
  2 21 investments, the board shall take appropriate action
  2 22 as necessary to extend the June 30, 2006, repeal date
  2 23 to allow completion of all such five-year plans under
  2 24 the provisions of this Act."
  2 25    #3.  By renumbering, redesignating, and correcting
  2 26 internal references as necessary.  
  2 27 
  2 28 
  2 29                               
  2 30 STEVE KING
  2 31 
  2 32 
  2 33                               
  2 34 JOHN P. KIBBIE 
  2 35 
  2 36 
  2 37                               
  2 38 
  2 39 
  2 40                               
  2 41 SF 429.504 79
  2 42 jj/pf
     

Text: S03291                            Text: S03293
Text: S03200 - S03299                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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