Implementation of the Telecommunications Act of 1996: Accounting Safeguards under the Telecommunications Act of 1996

Forms and Documents

Document	Type	Status	Availability

No forms / supporting documents in this ICR. Check IC Document Collections.

IC Document Collections

IC ID	Collection	Type	Status	Form
30770	Implementation of the Telecommunications Act of 1996: Accounting Safeguards under the Telecommunications Act of 1996		Migrated

ICR Details

OMB Control No: 3060-0734	ICR Reference No: 199701-3060-007
Status: Historical Active	Previous ICR Reference No: 199607-3060-014
Agency/Subagency: FCC	Agency Tracking No:
Title: Implementation of the Telecommunications Act of 1996: Accounting Safeguards under the Telecommunications Act of 1996
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/19/1997
	Date Received in OIRA: 01/15/1997
Terms of Clearance: The cost burden estimates were changed to reflect the correct order of magnitude. The FCC shall evaluate Comment V. LECS Must Have at Least Six Months to Implement Accounting Rule Changes contained in the Petition for Reconsideration of SBC Communications Inc. filed on February 20, 1997. In this item, SBC cites a discrepancy between the Commission Report and Order (requirements and regulations take effect upon OMB approval, paragraph 286) and Section 220(g) of the Communications Act (requiring a six month wait prior to changing account structures and forms). The FCC should clarify this issue to the affected parties as soon as possible.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2000	03/31/2000	09/30/1999
Responses	168	0	47
Time Burden (Hours)	180,547	0	140,419
Cost Burden (Dollars)	633,000	0	632,500,000

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Abstract: In the Report and Order, the Commission addresses the accounting safeguards necessary to satisfy the requirements of sections 260 and 271 through 276 of the Telecommunications Act of 1996. The Report and Order prescribes the way incumbent LECs, including the BOCs, must account for transactions with affiliates involving, and allocate costs incurred in the provision of, both regulated telecommunciations services and nonregulated services, including telemessaging, interLATA telecommunications and information services, telecommunications equipment and CPE manufacturing, and others.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Implementation of the Telecommunications Act of 1996: Accounting Safeguards under the Telecommunications Act of 1996

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	168	47	0	121	0	0
Annual Time Burden (Hours)	180,547	140,419	0	40,128	0	0
Annual Cost Burden (Dollars)	633,000	632,500,000	0	-631,867,000	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 01/15/1997

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