AMENDMENT(S) PROPOSED BY THE HOUSE

DEL. MAY

1. Line 62, substitute, after § 56-265.4:4.

insert

Such locality may provide telecommunications services within any locality in which it has electric distribution system facilities as of March 1, 2002. Any locality providing telecommunications services on March 1, 2002, may provide such services within any locality within 75 miles of the geographic boundaries of its electric distribution system as such system existed on March 1, 2002.

DEL. MAY

2. Line 479, substitute, after Board or a

strike

county, city or town

insert

locality

DEL. PARRISH

3. Line 618, substitute, after is

strike

, or functional substitutes therefor,

DEL. PARRISH

4. Line 619, substitute, after companies

strike

insert

in a manner that is functionally and economically equivalent for consumers;

DEL. MAY

5. Line 634, substitute, after fair market value

insert

, which shall be deemed to be no less than the amount of the cost, including indebtedness, for such equipment, infrastructure and other assets related to such qualifying communication services