By: Rosson S.B. No. 1124
A BILL TO BE ENTITLED
AN ACT
1-1 relating to cost accounting information of telecommunication
1-2 utilities.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 27 of Article 1446c, Vernon's Texas Civil
1-5 Statutes, is amended by adding Subsection (g) to read as follows:
1-6 (g) Dominant carriers shall submit to the commission, on an
1-7 annual basis, cost accounting information on all of the services
1-8 provided by the carrier in the State of Texas in an easily read
1-9 form that complies with generally accepted accounting principles.
1-10 The cost accounting information of each service provided by the
1-11 carrier shall be separated from the cost accounting information of
1-12 other services and shall indicate all of the costs attributable
1-13 directly or indirectly to each service. All costs for services
1-14 provided by the carrier in the State of Texas shall be fully
1-15 allocated in a manner as if each service was a stand alone
1-16 business. All information submitted to the commission shall be
1-17 available to the public. The commission is granted all necessary
1-18 power and authority under this Act to promulgate rules and
1-19 establish procedures for the purposes of enforcing and implementing
1-20 this section.
1-21 SECTION 2. This Act takes effect September 1, 1993.
1-22 SECTION 3. The importance of this legislation and the
1-23 crowded condition of the calendars in both houses create an
2-1 emergency and an imperative public necessity that the
2-2 constitutional rule requiring bills to be read on three several
2-3 days in each house be suspended, and this rule is hereby suspended.