[Federal Register Volume 60, Number 171 (Tuesday, September 5, 1995)] [Notices] [Pages 46119-46120] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 95-21906] ======================================================================= ----------------------------------------------------------------------- FEDERAL COMMUNICATIONS COMMISSION Public Information Collection Approved by Office of Management and Budget August 28, 1995. The Federal Communications Commission (FCC) has received Office of Management and Budget (OMB) approval for the following public information collections pursuant to the Paperwork Reduction Act of 1980, Pub. L. 96-511. You are not required to respond to a collection of information unless it displays a currently valid control number. For further information contact Shoko B. Hair, Federal Communications Commission, (202) 418-1379. Federal Communications Commission OMB Control No.: 3060-0169. Expiration Date: 08/31/98. Title: Sections 43.51 and 43.53 - Reports and Records of Communications Common Carriers and Certain Affiliates. Estimated Annual Burden: 6,029 total annual hours; 16.12 hours per response; 71 respondents. Description: Sections 211 and 215 of the Communications Act of 1934, as amended, 47 U.S.C. Sections 211 and 215 require that the FCC examine transactions of any common carriers relating to the activities of that carrier which may affect the charges and/or services rendered under the Act. The reports required by Sections 43.51 and 43.53 are the means by which the FCC gathers information concerning the activities of carriers which it examines. The information is used by the FCC to determine whether the activities reported have affected or are likely to affect adversely the carrier's service to the public or whether these activities result in undue or unreasonable increases in changes. OMB Control No.: 3060-0643. Expiration Date: 08/31/98. Title: Amendment of Parts 65 and 69 of the Commission's Rules to Reform the Interstate Rate of Return Represcription and Enforcement Processes. Estimated Annual Burden: 50,000 total annual hours; 5000 hours per response; 10 respondents. Description: Section 151, 154, 201-205, 218-220 and 403 of the Communications Act of 1934, as amended, provide the Commission with authority to prescribe an interstate rate of return. The prescribed rate of return must reflect a proper balance of regulatory goals by allowing a carrier ``to maintain its credit and to attract capital'' and by ensuring that ratepayers are charged reasonable rates for interstate access services. Part 65 of the Commission's rules set forth the procedures and methodologies for prescribing and enforcing the rate of return certain local exchange carriers (LECs) may earn on interstate access service. In the Report and Order issued in CC Docket No. 92-133, the Commission reformed its rules. Specifically, the Order replaces the existing rule, which initiates represcription proceedings biennially, with a semiautomatic trigger activated by changes in capital costs; modifies the paper hearing rules set out in Part 65; streamlines the methodologies used to [[Page 46120]] estimate the cost of capital; and removes the automatic refund rule. Federal Communications Commission. William F. Caton, Acting Secretary. [FR Doc. 95-21906 Filed 9-1-95; 8:45 am] BILLING CODE 6712-01-F