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2014 SESSION

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HB 106 Competitive telephone companies; establishes procedure for regulation.

Introduced by: Kathy J. Byron | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Regulation of competitive telephone companies. Establishes a procedure by which certain telephone companies may elect to be regulated as competitive telephone companies. In order to make such an election, a telephone company shall be either an incumbent local exchange telephone company for which the State Corporation Commission (SCC) has found its incumbent service territory to be competitive or a competitive local exchange telephone company. A competitive telephone company will be exempt from the Securities Act and the Utility Transfer Act. The SCC shall continue to have jurisdiction over wholesale telephone services and issues, including the payment of switched network access rates or other intercarrier compensation, interconnection, porting, and numbering. A competitive telephone company in its incumbent territory will continue to be obligated to extend or expand its facilities to furnish retail voice service and facilities when the person, firm, or corporation does not have service available from one or more alternative providers of wireline or terrestrial wireless communications services at prevailing market rates. The SCC will continue not to have power to regulate contracts between telephone companies and the Commonwealth and its agencies.


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