[Federal Register: June 30, 2003 (Volume 68, Number 125)]
[Rules and Regulations]
[Page 38641-38642]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30jn03-19]
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FEDERAL COMMUNICATIONS COMMISSION
47 CFR Part 32
[WC Docket No. 02-269; CC Docket No. 00-199; CC Docket No. 80-286; CC
Docket No. 99-301; FCC 03-141]
Federal-State Joint Conference on Accounting Issues
AGENCY: Federal Communications Commission.
ACTION: Final rule; delay of effective date.
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SUMMARY: This document further delays the effective date and the
implementation of four previously adopted accounting and reporting rule
changes from July 1, 2003, until January 1, 2004. The Commission
extends the delay in order to avoid undue burdens associated with
implementation of mid-year accounting and reporting requirement changes
and to allow the Federal-State Joint Conference on Accounting Issues
more time to formulate its recommendations to the Commission.
DATES: The effective date for amendments to 47 CFR 32.5200, 32.6562 and
32.6620 published at 67 FR 5670 (February 6, 2002) is further delayed
until January 1, 2004.
FOR FURTHER INFORMATION CONTACT: Jane E. Jackson, Associate Chief,
Wireline Competition Bureau, (202) 418-1500.
SUPPLEMENTARY INFORMATION: This is a summary of the Commission's Order
adopted June 20, 2003, and released on June 24, 2003. The full text of
the document is available for public inspection and copying during
regular business hours at the FCC Reference Information Center, Portals
II, 445 12th Street, SW., Room CY-A257, Washington, DC 20554. This
document may also be purchased from the Commission's duplicating
contractor, Qualex International, Portals II 445 12th Street, SW., Room
CY-B402, Washington, DC 20554, telephone (202) 863-2893, facsimile
(202) 863-2898, or via e-mail qualexint@aol.com.
Synopsis of Order
On November 12, 2002, the Commission released an order, 67 FR 77432
(December 18, 2002) further deferring until July 1, 2003, the effective
date and implementation of four accounting and reporting requirement
rule modifications previously adopted by the Commission as part of its
biennial review of accounting requirements and Automated Reporting
Management System (ARMIS) reporting
[[Page 38642]]
requirements, Report and Order, 67 FR 5670 (February 6, 2002), delayed
at 67 FR 20052 (April 24, 2003). The Commission deferred the
implementation of these four accounting and reporting requirement rule
modifications in order to allow the Federal-State Joint Conference on
Accounting Issues time to consider these and other accounting issues in
formulating their recommendations to the Commission. These accounting
and reporting rule changes are as follows: (1) The consolidation of
Accounts 6621 through 6623 into Account 6620, with subaccounts for
wholesale and retail; (2) the consolidation of Account 5230, Directory
revenue, into Account 5200, Miscellaneous revenue; (3) the
consolidation of the depreciation and amortization expense accounts
(Accounts 6561 through 6565) into Account 6562, Depreciation and
amortization expenses; and (4) the revised ``Loop Sheath Kilometers''
data collection in Table II of ARMIS Report 43-07.
The Commission extends from July 1, 2003 to January 1, 2004, the
current suspension of the implementation of these four accounting and
reporting requirement rule modifications. The Commission extends the
suspension in order to avoid undue burdens associated with
implementation of mid-year accounting and reporting requirement changes
on the affected carriers, the Commission, and state regulatory
commissions and to allow the Federal-State Joint Conference on
Accounting Issues more time to formulate its recommendations to the
Commission.
List of Subjects in 47 CFR Part 32
Communications common carriers. Uniform System of Accounts.
Federal Communications Commission.
Marlene H. Dortch,
Secretary.
[FR Doc. 03-16323 Filed 6-27-03; 8:45 am]
BILLING CODE 6712-01-P