[Federal Register Volume 63, Number 118 (Friday, June 19, 1998)]
[Rules and Regulations]
[Pages 33585-33586]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-13239]


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FEDERAL COMMUNICATIONS COMMISSION

47 CFR Part 54

[CC Docket Nos. 96-45, 96-262, 94-1, 91-213, and 95-72; FCC 97-420]


Universal Service; Correction

AGENCY: Federal Communications Commission.

ACTION: Final rule; correction.

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SUMMARY: The Federal Communications Commission published in the Federal 
Register of January 13, 1998, a document making certain changes, on 
reconsideration, to the Commission's universal service rules. This 
document corrects those rules.

DATES: Effective on June 19, 1998.

FOR FURTHER INFORMATION CONTACT: Sheryl Todd, Common Carrier Bureau, 
(202) 418-7400.

SUPPLEMENTARY INFORMATION: The Federal Communications Commission 
published in FR Doc. 98-541, published in the Federal Register of 
January 13, 1998 (63 FR 2094) a summary of the Commission's Fourth 
Order on Reconsideration in CC Docket No. 96-45 and Report and Order in 
CC Docket Nos. 96-45, 96-262, 94-1, 91-213, 95-72, FCC 97-420 (Fourth 
Order on Reconsideration). On January 29, 1998, the Commission released 
errata to the Fourth Order on Reconsideration. This correction reflects 
the changes included in that errata. The full text of the errata is 
available for inspection and copying during normal business hours in 
the FCC Reference Center (Room 239), 1919 M St., NW, Washington, DC.
    In rule FR Doc. 98-541, published on January 13, 1998 (63 FR 2094) 
make the following corrections.
    1. On page 2125, in the third column, in Sec. 54.101, paragraph 
(a)(1), line 3, remove the period and add, in its place, a semi-colon.
    2. On page 2127, in the second column, in Sec. 54.301, revise 
paragraph (c)(5) to read as follows:
    (c) * * *
    (5) Corporate Operations Expenses (Accounts 6710, 6720) shall be 
allocated according to the following factor:

{[Account 2210 Category 3 <divide> (Account 2210 + Account 2220 + 
Account 2230)}]  x  (Account 6210 + Account 6220 + Account 6230)} + 
[(Account 6530 + Account 6610 + Account 6620)  x  (Account 2210 
Category 3 <divide> Account 2001)] <divide> (Account 6210 + Account 
6220 + Account 6230 + Account 6310 + Account 6410 + Account 6530 + 
Account 6610 + Account 6620).

    3. On page 2127, in the second column, in Sec. 54.301, in paragraph 
(c)(6), lines 6 and 7, add the word ``Account'' in the parentheses 
before ``2210'', ``2220'', and ``2230.''
    4. On page 2127, in the second column, in Sec. 54.301, in paragraph 
(d) in the heading and in the introductory text, line 2, add the phrase 
``projected annual unseparated'' before ``local switching revenue 
requirement''; in line 3 of the introductory text add the word ``by'' 
before ``summing.''
    5. On page 2127, in the second column, in Sec. 54.301, in the first 
sentence of paragraph (d)(1) revise to read as follows:
    (d) * * *
    (1) Return on Investment attributable to COE Category 3 shall be 
obtained by multiplying the average projected unseparated local 
switching net investment by the authorized interstate rate of return. 
Projected unseparated local switching net investment shall be 
calculated as of each December 31 by deducting the accumulated 
reserves, deferrals and customer deposits attributable to the COE 
Category 3 investment from the gross investment attributable to COE 
Category 3. The average projected unseparated local switching net 
investment shall be calculated by summing the projected unseparated 
local switching net investment as of December 31 of the calendar year 
following the filing year and such investment as of December 31 of the 
filing year and dividing by 2.
    6. On page 2127, in the second column, in Sec. 54.301, in the 
second sentence of paragraph (d)(1) remove the word ``Unseparated'' and 
add, in its place, ``Projected unseparated''.
    7. On page 2127, in the second column, in Sec. 54.301, in the third 
sentence of paragraph (d)(1) remove the phrase ``projected unseparated 
local switching average'' and add, in its place, ``average projected 
unseparated local switching'' and remove ``and the projected 
unseparated local switching net'' and add, in its place, ``year and 
such''.
    8. On page 2127, in the second column, in Sec. 54.301, in paragraph 
(d)(3) add the phrase ``,excluding depreciation expense,'' after the 
word ``expenses''.
    9. On page 2127, in the second column, in Sec. 54.301 revise 
paragraph (d)(4) to read as follows:
    (d) * * *
    (4) Federal income tax attributable to COE Category 3 shall be 
calculated

[[Page 33586]]

using the following formula; the accounts listed shall be allocated 
pursuant to paragraph (c) of this section:
[Return on Investment attributable to COE Category 3 - Account 7340 - 
Account 7500 - Account 7210)]  x  [Federal Income Tax Rate <divide> (1 
- Federal Income Tax Rate)].

    10. On page 2128, in the first column, in Sec. 54.303, in paragraph 
(b)(1) revise to read as follows:
    (b) * * *
    (1) To calculate the unadjusted base-level of Long Term Support for 
1998, the Administrator shall calculate the difference between the 
projected Common Line revenue requirement of association Common Line 
tariff participants projected to be recovered in 1997 and the sum of 
end user common line charges and the 1997 projected revenue recovered 
by the association Carrier Common Line charge as calculated pursuant to 
Sec. 69.105(b)(2) of this chapter.
    11. On page 2130, in the third column, in Sec. 54.511, in paragraph 
(c)(1), in lines 7 and 8, remove the phrase ``competitive bid'' and 
change the reference from ``Sec. 54.504(a)'' to ``Sec. 54.504(a), 
(b)(3), and (b)(4)''; in paragraph (c)(1)(i), in line 3, add the word 
``of'' between ``life'' and ``the contract''; and in paragraph 
(c)(1)(ii), in line 7, remove the phrase ``that were provided'' and 
add, in its place, ``that are provided''.
    12. On page 2131, in the first column, in Sec. 54.518, in the 
section heading remove the word ``Wide'' and add, in its place 
``Support for wide''.
    13. On page 2131, in the first column, in Sec. 54.519, in paragraph 
(a)(3), remove the phrase ``Make a good faith effort'' and add, in its 
place, ``Take reasonable steps''.
    14. On page 2131, in the second column, in Sec. 54.604, in 
paragraph (a), in line 5, remove the phrase ``service provider'' and 
add, in its place, ``telecommunications carrier''.
    15. On page 2131, in the third column, in Sec. 54.604, in paragraph 
(c), in the last line, remove the phrase ``service providers'' and add, 
in its place, ``telecommunications carriers''.
    16. On page 2132, in the second column, in Sec. 54.703, in the 
first sentence of paragraphs (b) and (c) remove the phrase ``The 
following entities will not be required to contribute on the basis of 
revenues derived from the provision of interstate telecommunications'' 
and add, in its place, ``The following entities will not be required to 
contribute to universal service'' and in line 9 of paragraphs (b) and 
(c) remove the phrase ``of video programming'' after the word 
``broadcasters''.
    17. On page 2132, in the second column, in Sec. 54.703, in 
paragraph (c), in line 9, remove the comma before ``systems 
integrators'' and add in its place, a semi-colon.

Federal Communications Commission.
Lisa Gelb,
Chief, Accounting Policy Division.
[FR Doc. 98-13239 Filed 6-18-98; 8:45 am]
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