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
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.