Reports of Proposed Changes in Depreciation Rates -- Section 43.43

Forms and Documents

Document Name	Status

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

IC Document Collections

IC ID	Document Title	Status
29661	Reports of Proposed Changes in Depreciation Rates -- Section 43.43	Migrated

ICR Details

OMB Control No: 3060-0168	ICR Reference No: 199810-3060-010
Status: Historical Active	Previous ICR Reference No: 199610-3060-030
Agency/Subagency: FCC	Agency Tracking No:
Title: Reports of Proposed Changes in Depreciation Rates -- Section 43.43
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: 12/22/1998
	Date Received in OIRA: 10/19/1998
Terms of Clearance: The FCC has permission to revise its rules regarding establishing and supporting depreciation rates in accordance with Section 43.43 of its rules. OMB notes the controversial nature of the rulemaking and its proposals regarding depreciation accounting. The FCC must make the decision whether to continue to regulate depreciation rates. OMB recommends that the FCC try to balance economic regulation against the burden imposed on regulated firms that have to meet the reporting and recordkeeping requirements contained in these rules.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2001	12/31/2001	12/31/1999
Responses	11	0	12
Time Burden (Hours)	66,000	0	78,000
Cost Burden (Dollars)	0	0	0

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Abstract: In the notice of proposed rulemaking, the Commission proposes to reduce or streamline further its depreciation prescription process by permitting summary filings and eliminating the prescription of depreciation rates for incumbent LECS, provided that the carrier uses depreciation factors that are within the ranges adopted by the Commission, expanding the prescribed range for the digital switching plants account, and eliminating salvage from the depreciation process. It also seeks comment on whether carriers should be allowed to set their own depreciation rates.

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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
Reports of Proposed Changes in Depreciation Rates -- Section 43.43

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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	11	12	0	-1	0	0
Annual Time Burden (Hours)	66,000	78,000	0	-12,000	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

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

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: 10/19/1998

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