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  <FDSYS>
    <CFRTITLE>47</CFRTITLE>
    <CFRTITLETEXT>Telecommunication</CFRTITLETEXT>
    <VOL>3</VOL>
    <DATE>2008-10-01</DATE>
    <ORIGINALDATE>2008-10-01</ORIGINALDATE>
    <COVERONLY>false</COVERONLY>
    <TITLE>Determining the maximum allowable rate of return.</TITLE>
    <GRANULENUM>65.700</GRANULENUM>
    <HEADING>Section 65.700</HEADING>
    <ANCESTORS>
      <PARENT HEADING="Title 47" SEQ="4">Telecommunication</PARENT>
      <PARENT HEADING="CHAPTER I" SEQ="3">FEDERAL COMMUNICATIONS COMMISSION (CONTINUED)</PARENT>
      <PARENT HEADING="SUBCHAPTER B" SEQ="2">COMMON CARRIER SERVICES (CONTINUED)</PARENT>
      <PARENT HEADING="PART 65" SEQ="1">INTERSTATE RATE OF RETURN PRESCRIPTION PROCEDURES AND METHODOLOGIES</PARENT>
      <PARENT HEADING="Subpart F" SEQ="0">Maximum Allowable Rates of Return</PARENT>
    </ANCESTORS>
  </FDSYS>
  <SECTION>
    <SECTNO>§ 65.700</SECTNO>
    <SUBJECT>Determining the maximum allowable rate of return.</SUBJECT>

    <P>(a) The maximum allowable rate of return for any exchange carrier's earnings on any access service category shall be determined by adding a fixed increment of four-tenths of one percent of the exchange carrier prescribed rate of return.<PRTPAGE P="365"/>
    </P>
    <P>(b) The maximum allowable rate of return for any exchange carrier's overall interstate earnings for all access service categories shall be determined by adding a fixed increment of one-quarter of one percent to the exchange carrier prescribed rate of return.</P>
    <P>(c) The maximum allowable rate of return for rates filed by local exchange carrier subject to § 61.50 of this chapter, shall be determined by adding a fixed increment of one and one-half percent to the carriers prescribed rate of return.</P>
    <CITA>[51 FR 11034, Apr. 1, 1986, as amended at 58 FR 36149, July 6, 1993; 60 FR 28546, June 1, 1995]</CITA>
  </SECTION>
</CFRGRANULE>
