Sec. 54.303 Long term support.
Beginning January 1, 1998, eligible telephone companies that
participate in the NECA Carrier Common Line pool and competitive
eligible local telecommunications carriers will receive Long Term
Support. Long Term
[[Page 77]]
Support shall be the equivalent of the difference between the projected
Carrier Common Line revenue requirement of association Common Line
tariff participants and the projected revenue recovered by the
association Common Carrier Line charge as calculated pursuant to
Sec. 69.105(b)(1) of this chapter. For calendar years 1998 and 1999, the
Long Term Support for each eligible service area shall be adjusted each
year to reflect the annual percentage change in the actual nationwide
average loop cost as filed by the fund administrator in the previous
calendar year, pursuant to Sec. 36.622 of this chapter. Beginning
January 1, 2000, the Long Term Support shall be adjusted each year to
reflect the annual percentage change in the Department of Commerce's
Gross Domestic Product-Chained Price Index (GDP-CPI).
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