Section 32.7300, Accounting for Judgments and Other Costs Associated with Litigation, CC Docket No. 93-240

ICR 201504-3060-024

OMB: 3060-0791

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2015-05-06
ICR Details
3060-0791 201504-3060-024
Historical Active 201205-3060-003
FCC WCB
Section 32.7300, Accounting for Judgments and Other Costs Associated with Litigation, CC Docket No. 93-240
Extension without change of a currently approved collection   No
Delegated
Approved without change 05/06/2015
Retrieve Notice of Action (NOA) 05/06/2015
  Inventory as of this Action Requested Previously Approved
05/31/2018 36 Months From Approved 07/31/2015
2 0 2
40 0 40
0 0 0

In CC Docket No. 93-240, the Commission considered the issue of the accounting rules and ratemaking policies that should apply to litigation costs incurred by carriers subject to Part 32 of its rules and regulations. The Commission concluded that there should be special rules to govern the accounting treatment of federal antitrust judgments and settlements, in excess of the avoided costs of litigation, but not for litigation expenses. The Commission further concluded that these special rules should not apply to costs arising in other kinds of litigation. A carrier must make a showing to receive recognition of its avoided cost of litigation.

US Code: 47 USC 152 Name of Law: Communications Act of 1934, as amended
   US Code: 47 USC 154 Name of Law: Communications Act of 1934, as amended
   US Code: 47 USC 161 Name of Law: Communications Act of 1934, as amended
   US Code: 47 USC 201-205 Name of Law: Communications Act of 1934, as amended
   US Code: 47 USC 218-220 Name of Law: Communications Act of 1934, as amended
   US Code: 47 USC 151 Name of Law: Communications Act of 1934, as amended
  
None

Not associated with rulemaking

  80 FR 12173 03/06/2015
80 FR 12173 03/06/2015
No

1
IC Title Form No. Form Name
Section 32.7300, Accounting for Judgements and Other Costs Associated with Litigation, CC Docket No. 93-240

  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 2 2 0 0 0 0
Annual Time Burden (Hours) 40 40 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$1,776
No
No
No
No
No
Uncollected
Amy Goodman 202 418-1549

  No

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.
05/06/2015


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