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OMB Control No: 3060-0734	ICR Reference No: 199701-3060-007
Status: Historical Active	Previous ICR Reference No: 199607-3060-014
Agency/Subagency: FCC	Agency Tracking No:
Title: Implementation of the Telecommunications Act of 1996: Accounting Safeguards under the Telecommunications Act of 1996
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/19/1997
	Date Received in OIRA: 01/15/1997
Terms of Clearance: The cost burden estimates were changed to reflect the correct order of magnitude. The FCC shall evaluate Comment V. LECS Must Have at Least Six Months to Implement Accounting Rule Changes contained in the Petition for Reconsideration of SBC Communications Inc. filed on February 20, 1997. In this item, SBC cites a discrepancy between the Commission Report and Order (requirements and regulations take effect upon OMB approval, paragraph 286) and Section 220(g) of the Communications Act (requiring a six month wait prior to changing account structures and forms). The FCC should clarify this issue to the affected parties as soon as possible.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2000	03/31/2000	09/30/1999
Responses	168	0	47
Time Burden (Hours)	180,547	0	140,419
Cost Burden (Dollars)	633,000	0	632,500,000

Abstract: In the Report and Order, the Commission addresses the accounting safeguards necessary to satisfy the requirements of sections 260 and 271 through 276 of the Telecommunications Act of 1996. The Report and Order prescribes the way incumbent LECs, including the BOCs, must account for transactions with affiliates involving, and allocate costs incurred in the provision of, both regulated telecommunciations services and nonregulated services, including telemessaging, interLATA telecommunications and information services, telecommunications equipment and CPE manufacturing, and others.

Authorizing Statute(s): None

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Implementation of the Telecommunications Act of 1996: Accounting Safeguards under the Telecommunications Act of 1996

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	168	47	121
Annual Time Burden (Hours)	180,547	140,419	40,128
Annual Cost Burden (Dollars)	633,000	632,500,000	-631,867,000

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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