[Federal Register Volume 62, Number 205 (Thursday, October 23, 1997)]
[Notices]
[Pages 55250-55251]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-28089]


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FEDERAL COMMUNICATIONS COMMISSION


Notice of Public Information Collection(s) Submitted to OMB for 
Review and Approval

October 17, 1997.
SUMMARY: The Federal Communications Commission, as part of its 
continuing effort to reduce paperwork burden invites the general public 
and other Federal agencies to take this opportunity to comment on the 
following information collection(s), as required by the Paperwork 
Reduction Act of 1995, Public Law 104-13. An agency may not conduct or 
sponsor a collection of information unless it displays a currently 
valid control number. No person shall be subject to any penalty for 
failing to comply with a collection of information subject to the 
Paperwork Reduction Act (PRA) that does not display a valid control 
number. Comments are requested concerning (a) whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the Commission, including whether the information 
shall have practical utility; (b) the accuracy of the Commission's 
burden estimate; (c) ways to enhance the quality, utility, and clarity 
of the information collected; and (d) ways to minimize the burden of 
the collection of information on the respondents, including the use of 
automated collection techniques or other forms of information 
technology.

DATES: Written comments should be submitted on or before November 24, 
1997. If you anticipate that you will be submitting comments, but find 
it difficult to do so within the period of time allowed by this notice, 
you should advise the contact listed below as soon as possible.

ADDRESSES: Direct all comments to Judy Boley, Federal Communications 
Commission, Room 234, 1919 M St., N.W., Washington, DC 20554 or via 
internet to [email protected].

FOR FURTHER INFORMATION CONTACT: For additional information or copies 
of the information collection(s) contact Judy Boley at 202-418-0214 or 
via internet at [email protected].

SUPPLEMENTARY INFORMATION:

    OMB Approval Number: 3060-0370.
    Title: Part 32, Uniform System of Accounts for Telecommunications 
Companies.
    Form Number: N/A.
    Type of Review: Revision of a currently approved collection.
    Respondents: Business or other for-profit.
    Number of Respondents: 239.
    Estimated Time Per Response: 12,685 hours per recordkeeper/
response.
    Cost to Respondents: N/A.
    Total Annual Burden: 3,028,768 hours.
    Needs and Uses: The Uniform System of Accounts is a historical 
financial accounting system which reports the results of operational 
and financial events in a manner which enables both management and 
regulators to assess these results within a specified accounting 
period. Subject respondents are telecommunications companies. Entities 
having annual revenues from regulated telecommunications operations of 
less than $100 million are designated as Class B companies and are 
subject to a less detailed accounting system than those designated as 
Class A companies. Part 32 imposes essentially recordkeeping 
requirements. The

[[Page 55251]]

reporting requirements contained in the rulepart are sporadic or 
initiated by the carriers. Part 32 has been revised. For example, in 
the Report and Order in CC Docket 95-60, the Commission raised the 
expense limit in Section 32.2000(a)(4) from $500 to $200, with one 
exception related to personal computers recorded in Account 2121, 
General purpose computers. This will reduce the Continuing Property 
Records required to be maintained by the carriers. By eliminating the 
requirement for detailed property records for certain items costing 
less than the new $2,000 threshold amount, the Commission has provided 
the carriers with substantial relief from the administrative cost 
previously proposed. Also, in the Report and Order, the Commission 
adopted a five-year amortization period during which incumbent local 
exchange carriers (ILECs) may recover the undepreciated portion of 
embedded assets affected by this rule change. The parties comments and 
replies were carefully considered in the formulation of the final rule.

Federal Communications Commission.
Shirley S. Suggs,
Chief, Publications Branch.
[FR Doc. 97-28089 Filed 10-22-97; 8:45 am]
BILLING CODE 6712-01-P