Sec. 69.116  Universal service fund.

    Effective August 1, 1988 through December 31, 1997:
    (a) A charge that is expressed in dollars and cents per line per 
month shall be assessed upon all interexchange carriers that use local 
exchange switching facilities for the provision of interstate or foreign 
telecommunications services and that have at least .05 percent of the 
total common lines presubscribed to interexchange carriers in all study 
areas.
    (b) The charge shall be computed by the association on a semi-annual 
basis by dividing one-twelfth of the projected annual Universal Service 
Fund revenue requirement by the total number of common lines 
presubscribed to interexchange carriers defined in Sec. 69.116(a). 
Beginning on April 1, 1989, the association shall bill and collect the 
charge, and disburse associated revenue, on a monthly basis pursuant to 
Sec. 69.603(c).
    (c) Telephone companies shall provide the association the data 
necessary to compute the charge. These data shall include the number of 
presubscribed common lines in each study area and the number of those

[[Page 415]]

lines associated with each interexchange carrier serving that study 
area. In a study area served by a single interexchange carrier, all 
common lines shall be considered as presubscribed to that interexchange 
carrier. Information concerning presubscribed common lines shall be 
filed with the association on June 30 and December 30 of each year, 
except for the first such submission, containing presubscribed common 
line data calculated as of December 31, 1987, which shall be filed on 
August 1, 1988. Presubscribed common line data filed on June 30 shall be 
calculated as of December 31 of the preceding year, and presubscribed 
common line data filed on December 30 shall be calculated as of June 30 
of the same year.

[ 53 FR 28396 , July 28, 1988, as amended at  54 FR 50624 , Dec. 8, 1989;  62 FR 32962 , June 17, 1997]