[Federal Register Volume 62, Number 88 (Wednesday, May 7, 1997)]
[Notices]
[Pages 24926-24927]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-11830]
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FEDERAL COMMUNICATIONS COMMISSION
Public Information Collections Approved by Office of Management
and Budget
May 1, 1997.
The Federal Communications Commission (FCC) has received Office of
Management and Budget (OMB) approval for the following public
information collections pursuant to the Paperwork Reduction Act of
1995, Public Law 104-13. An agency may not conduct or sponsor and a
person is not required to respond to a collection of information unless
it displays a currently valid control number. For further information
contact Shoko B. Hair, Federal Communications Commission, (202) 418-
1379.
Federal Communications Commission
OMB Control No.: 3060-0734.
Expiration Date: 03/31/2000.
Title: Implementation of the Telecommunications Act of 1996:
Accounting Safeguards Under the Telecommunications Act of 1996.
Form No.: N/A.
Estimated Annual Burden: 168 respondents; 1074.6 hours per response
(avg.); 180,547 total annual burden hours.
Estimated Annual Reporting and Recordkeeping Cost Burden: $633,000.
Description: In Accounting Safeguards Under the Telecommunications
Act of 1996, Report and Order in CC Docket No. 96-150 (Report and
Order), the Commission addresses the accounting safeguards necessary to
satisfy the requirements of Sections 260 and 271 through 276 of the
Telecommunications Act of 1996. The Report and Order prescribes the way
incumbent local exchange carriers (LECs), including the Bell Operating
Companies (BOCs), must account for transactions with affiliates
involving, and allocate costs incurred in the provision of, both
regulated telecommunications services and nonregulated services,
including telemessaging, interLATA
[[Page 24927]]
telecommunications and information services, telecommunications
equipment and customer premises equipment manufacturing, electronic
publishing, alarm monitoring services and payphone service. The
Commission concludes that its current cost allocation rules generally
satisfy the 1996 Act's accounting safeguards requirements when
incumbent LECs, including the BOCs, provide services permitted under
Sections 260 and 271 through 276 on an in-house basis. The Commission
also concludes that its current affiliate transactions rules generally
satisfy the 1996 Act's accounting safeguards requirements when
incumbent LECs, including the BOCs, are required to, or choose to, use
an affiliate to provide services permitted under sections 260 and 271
through 276. In the Report and Order, the Commission also modifies its
affiliate transactions rules to provide greater protection against
subsidization of competitive activities by subscribers to regulated
telecommunications services. The information collections will enable
the Commission to ensure that the subscribers to regulated
telecommunications services do not bear the costs of these new
nonregulated services and that transactions between affiliates and
carriers will be at prices that do not ultimately result in unfair
rates being charged to ratepayers. Public reporting burden for the
collections of information is as noted above. Send comments regarding
the burden estimate or any other aspect of the collections of
information, including suggestions for reducing the burden to the
Records Management Branch, Washington, D.C. 20554.
Federal Communications Commission
William F. Caton,
Acting Secretary.
[FR Doc. 97-11830 Filed 5-6-97; 8:45 am]
BILLING CODE 6712-01-U
