97-14414. Public Information Collections Approved by Office of Management and Budget

[Federal Register Volume 62, Number 106 (Tuesday, June 3, 1997)]
[Notices]
[Page 30326]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-14414]



[[Page 30326]]

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FEDERAL COMMUNICATIONS COMMISSION


Public Information Collections Approved by Office of Management 
and Budget

May 27, 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, Pub. L. 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.: 3060-0776.
    Expiration Date: 11/30/97.
    Title: Price Cap Performance Review for Local Exchange Carriers, 
Fourth Report and Order.
    Form No.: N/A.
    Estimated Annual Burden: 13 respondents; 331.1 hours per response 
(avg.); 4331 total annual burden hours.
    Estimated Annual Reporting and Recordkeeping Cost Burden: $0.
    Frequency of Response: One-time requirement.
    Description: In the Fourth Report and Order in CC Docket No. 94-1 
and Second Report and Order in CC Docket No. 96-262, the Commission is 
modifying its method of determining the price cap index, which governs 
interstate access rates of incumbent price cap Local Exchange Carriers 
(LECs). The price cap index formula permits incumbent LECs to increase 
their interstate access rates by no more than inflation minus an ``X-
Factor'' representing incumbent LECs' productivity growth. (When the X-
Factor is greater than inflation, incumbent price cap LECs are required 
to lower their rates.) In the Order, the Commission replaces its 
previous X-Factor with an X-Factor based on total factor productivity 
(TFP) calculations and the input price differential. We expect this X-
Factor to be a more accurate measure of LEC productivity growth. The 
Order requires incumbent price cap LECs to use the new X-Factor when 
calculating rates in their annual access filings, but this will not 
affect the burdens of filing those tariffs. The Order requires 
incumbent price cap LECs to make a one-time tariff review plan (TRP) 
filing to reflect the revised price cap index rules in their interstate 
access rates. Compliance is mandatory. The information collected under 
this Order would be submitted to the Commission by an incumbent price 
cap LEC for use in determining whether its interstate access rates are 
just and reasonable as required by the Communications Act of 1934, as 
amended.
    Public reporting burden for the collection 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 Performance Evaluation and Records Management, 
Washington, DC 20554.

Federal Communications Commission.
William F. Caton,
Acting Secretary.
[FR Doc. 97-14414 Filed 6-2-97; 8:45 am]
BILLING CODE 6712-01-P