Section 660.145

Title XL ADDITIONAL EXECUTIVE DEPARTMENTS

Chapter 660

Effective - 28 Aug 1995   

  660.145.  Rules and regulations by commission — economy rate telephone service fund established, purpose — fund not to lapse at end of fiscal year. — 1.  The commission shall promulgate such rules and regulations as are necessary to implement the provisions of sections 660.138 to 660.149.  Such rules and regulations shall take into consideration available federal programs to reduce telephone costs to specified subscribers.  No rule or portion of a rule promulgated under the authority of sections 660.138 to 660.149 shall become effective unless it has been promulgated pursuant to the provisions of section 536.024.

  2.  The general revenues of the state shall be used to fund the discount provided to eligible subscribers of economy rate telephone service.  The amount of the discount shall determine the amount of the waiver of the federal interstate subscriber line charge in section 660.139.

  3.  There is hereby created the "Economy Rate Telephone Service Fund" which shall be administered by the commission and which shall contain such moneys as appropriated to it by the general assembly.  Moneys in the fund shall be kept separate from all other funds of the commission and shall be expended for the purpose specified in subsection 4^* of this section and for no other purpose.

  4.  Each participating local exchange telecommunications company shall determine and report quarterly to the commission the costs incurred for providing economy rate telephone service.  Upon appropriation by the general assembly, the commission shall authorize reimbursement for those costs from the economy rate telephone service fund.

  5.  Notwithstanding the provisions of section 33.080, the unexpended balance in the economy rate telephone service fund at the end of each fiscal year shall not be transferred into general revenue.

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(L. 1986 H.B. 1301 § 2 subsecs. 7, 8, A.L. 1988 H.B. 1290, A.L. 1993 S.B. 52, A.L. 1995 S.B. 3)

*"Subsection 11" appears in original rolls.  Due to renumbering, subsection changed.