# Notice of Public Information Collection(s) Submitted to OMB for Review and Approval

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URL: https://www.frixlaw.com/law-library/documents/fr%3A97-28089

## Record

- **Collection:** Federal Register
- **Document type:** Notice
- **Published:** October 23, 1997
- **Citation:** 62 FR 55250

## Text

FEDERAL COMMUNICATIONS COMMISSION

Notice of Public Information Collection(s) Submitted to OMB for
Review and Approval

October 17, 1997.
SUMMARY: The Federal Communications Commission, as part of its
continuing effort to reduce paperwork burden invites the general public
and other Federal agencies to take this opportunity to comment on the
following information collection(s), as required by the Paperwork
Reduction Act of 1995, Public Law 104-13. An agency may not conduct or
sponsor a collection of information unless it displays a currently
valid control number. No person shall be subject to any penalty for
failing to comply with a collection of information subject to the
Paperwork Reduction Act (PRA) that does not display a valid control
number. Comments are requested concerning (a) whether the proposed
collection of information is necessary for the proper performance of
the functions of the Commission, including whether the information
shall have practical utility; (b) the accuracy of the Commission's
burden estimate; (c) ways to enhance the quality, utility, and clarity
of the information collected; and (d) ways to minimize the burden of
the collection of information on the respondents, including the use of
automated collection techniques or other forms of information
technology.

DATES: Written comments should be submitted on or before November 24,
1997. If you anticipate that you will be submitting comments, but find
it difficult to do so within the period of time allowed by this notice,
you should advise the contact listed below as soon as possible.

ADDRESSES: Direct all comments to Judy Boley, Federal Communications
Commission, Room 234, 1919 M St., N.W., Washington, DC 20554 or via
internet to [email protected].

FOR FURTHER INFORMATION CONTACT: For additional information or copies
of the information collection(s) contact Judy Boley at 202-418-0214 or
via internet at [email protected].

SUPPLEMENTARY INFORMATION:

OMB Approval Number: 3060-0370.
Title: Part 32, Uniform System of Accounts for Telecommunications
Companies.
Form Number: N/A.
Type of Review: Revision of a currently approved collection.
Respondents: Business or other for-profit.
Number of Respondents: 239.
Estimated Time Per Response: 12,685 hours per recordkeeper/
response.
Cost to Respondents: N/A.
Total Annual Burden: 3,028,768 hours.
Needs and Uses: The Uniform System of Accounts is a historical
financial accounting system which reports the results of operational
and financial events in a manner which enables both management and
regulators to assess these results within a specified accounting
period. Subject respondents are telecommunications companies. Entities
having annual revenues from regulated telecommunications operations of
less than $100 million are designated as Class B companies and are
subject to a less detailed accounting system than those designated as
Class A companies. Part 32 imposes essentially recordkeeping
requirements. The

[[Page 55251]]

reporting requirements contained in the rulepart are sporadic or
initiated by the carriers. Part 32 has been revised. For example, in
the Report and Order in CC Docket 95-60, the Commission raised the
expense limit in Section 32.2000(a)(4) from $500 to $200, with one
exception related to personal computers recorded in Account 2121,
General purpose computers. This will reduce the Continuing Property
Records required to be maintained by the carriers. By eliminating the
requirement for detailed property records for certain items costing
less than the new $2,000 threshold amount, the Commission has provided
the carriers with substantial relief from the administrative cost
previously proposed. Also, in the Report and Order, the Commission
adopted a five-year amortization period during which incumbent local
exchange carriers (ILECs) may recover the undepreciated portion of
embedded assets affected by this rule change. The parties comments and
replies were carefully considered in the formulation of the final rule.

Federal Communications Commission.
Shirley S. Suggs,
Chief, Publications Branch.
[FR Doc. 97-28089 Filed 10-22-97; 8:45 am]
BILLING CODE 6712-01-P

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Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/fr%3A97-28089. Public record. Not legal advice.