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