In the attached Report and Order, the
Commission streamlined its depreciation prescription process by
permitting summary filings and eliminating the prescription of
depreciation rates for incumbent LEC, expanding the prescribed
rante for the digital switching plant account, and eliminating the
theoretical reserve study requirement for mid-sized incumbent LECs.
The Commission also established a waiver process whereby price cap
incumbent LECs can free themselves of depreciation regulation. See
also attached FNPRM for additional proposals soliciting comment to
further reduce burden placed on price cap ILECs.
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:
(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;
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.