[Code of Federal Regulations]
[Title 47, Volume 3]
[Revised as of October 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 47CFR65.1]

[Page 354-355]
 
                       TITLE 47--TELECOMMUNICATION
 
        CHAPTER I--FEDERAL COMMUNICATIONS COMMISSION (CONTINUED)
 
PART 65_INTERSTATE RATE OF RETURN PRESCRIPTION PROCEDURES AND METHODOLOGIES
--Table of Contents
 
                            Subpart A_General
 
Sec. 65.1  Application of part 65.




                            Subpart A_General

Sec.
65.1 Application of part 65.

                          Subpart B_Procedures

65.100 Participation and acceptance of service designation.
65.101 Initiation of unitary rate of return prescription proceedings.
65.102 Petitions for exclusion from unitary treatment and for individual 
          treatment in determining authorized return for interstate 
          exchange access service.
65.103 Procedures for filing rate of return submissions.
65.104 Page limitations for rate of return submissions.
65.105 Discovery.

                       Subpart C_Exchange Carriers

65.300 Calculations of the components and weights of the cost of 
          capital.
65.301 Cost of equity.
65.302 Cost of debt.
65.303 Cost of preferred stock.
65.304 Capital structure.
65.305 Calculation of the weighted average cost of capital.
65.306 Calculation accuracy.
65.450 Net income.

                    Subpart D_Interexchange Carriers

65.500 Net income.

                    Subpart E_Rate of Return Reports

65.600 Rate of return reports.

[[Page 355]]

               Subpart F_Maximum Allowable Rates of Return

65.700 Determining the maximum allowable rate of return.
65.701 Period of review.
65.702 Measurement of interstate service earnings.

                           Subpart G_Rate Base

65.800 Rate base.
65.810 Definitions.
65.820 Included items.
65.830 Deducted items.

    Authority: Secs. 4, 201, 202, 203, 205, 218, 403, 48 Stat., 1066, 
1072, 1077, 1094, as amended, 47 U.S.C. 151, 154, 201, 202, 203, 204, 
205, 218, 219, 220, 403.



    (a) This part establishes procedures and methodologies for 
Commission prescription of an authorized unitary interstate exchange 
access rate of return and individual rates of return for the interstate 
exchange access rates of certain carriers pursuant to Sec. 65.102. This 
part shall apply to those interstate services of local exchange carriers 
as the Commission shall designate by rule or order, except that all 
local exchange carriers shall provide to the Commission that information 
which the Commission requests for purposes of conducting prescription 
proceedings pursuant to this part.
    (b) Local exchange carriers subject to Sec. Sec. 61.41 through 
61.49 of this chapter are exempt from the requirements of this part with 
the following exceptions:
    (1) Except as otherwise required by Commission order, carriers 
subject to Sec. Sec. 61.41 through 61.49 of this chapter shall employ 
the rate of return value calculated for interstate access services in 
complying with any applicable rules under parts 36 and 69 that require a 
return component;
    (2) Carriers subject to Sec. Sec. 61.41 through 61.49 of this 
chapter shall be subject to Sec. 65.600(d);
    (3) Carriers subject to Sec. Sec. 61.41 through 61.49 of this 
chapter shall continue to comply with the prescribed rate of return when 
offering any services specified in Sec. 61.42(f) of this chapter unless 
the Commission otherwise directs; and
    (4) Carriers subject to Sec. Sec. 61.41 through 61.49 of this 
chapter shall comply with Commission information requests made pursuant 
to Sec. 65.1(a).

[60 FR 28543, June 1, 1995]