Sec.  65.600   Rate of return reports.

   (a) Subpart E shall apply to those interstate communications common carriers
   and exchange carriers that are so designated by Commission order.

   (b) Each local exchange carrier or group of affiliated carriers which is not
   subject  to   Sec.  Sec. 61.41 through 61.49 of this chapter and which has filed
   individual access tariffs during the preceding enforcement period shall file
   with the Commission within three (3) months after the end of each calendar
   year,  an  annual  rate of return monitoring report which shall be the
   enforcement period report. Reports shall be filed on the appropriate report
   form prescribed by the Commission (see  Sec. 1.795 of this chapter) and shall
   provide  full  and  specific  answers  to all questions propounded and
   information requested in the currently effective report form. The number of
   copies to be filed shall be specified in the applicable report form. At
   least one copy of the report shall be signed on the signature page by the
   responsible  officer.  A  copy of each report shall be retained in the
   principal office of the respondent and shall be filed in such a manner as to
   be readily available for reference and inspection. Final adjustments to the
   enforcement  period  report  shall be made by September 30 of the year
   following the enforcement period to ensure that any refunds can be properly
   reflected in an annual access filing.

   (c) Each interexchange carrier subject to  Sec.  Sec. 61.41 through 61.49 shall file
   with the Commission, within three (3) months after the end of each calendar
   year, the total interstate rate of return for that year for all interstate
   services subject to regulation by the Commission. Each such filing shall
   include a report of the total revenues, total expenses and taxes, operating
   income, and the rate base. A copy of the filing shall be retained in the
   principal office of the respondent and shall be filed in such manner as to
   be readily available for reference and inspection.

   (d)(1) Each local exchange carrier or group of affiliated carriers subject
   to  Sec.  Sec. 61.41 through 61.49 of this chapter shall file with the Commission
   within three (3) months after the end of each calendar year a report of its
   total interstate rate of return for that year. Such filings shall include a
   report of the total revenues, total expenses and taxes, operating income,
   and the rate base. Reports shall be filed on the appropriate form prescribed
   by the Commission (see  Sec. 1.795 of this chapter) and shall provide full and
   specific answers to all questions propounded and information requested in
   the currently effective form. The number of copies to be filed shall be
   specified in the applicable report form. At least one copy of the report
   shall be retained in the principal office of the respondent and shall be
   filed  in  such  manner  as  to be readily available for reference and
   inspection.

   (2) Each local exchange carrier or group of affiliated carriers subject to
    Sec.  Sec. 61.41 through 61.49 of this chapter shall file with the Commission within
   fifteen (15) months after the end of each calendar year a report reflecting
   any corrections or modifications to the report filed pursuant to paragraph
   (d)(1) of this section. Reports shall be filed on the appropriate form
   prescribed by the Commission (see  Sec. 1.795 of this chapter) and shall provide
   full  and specific answers to all questions propounded and information
   requested in the currently effective form. The number of copies to be filed
   shall be specified in the applicable report form. At least one copy of the
   report shall be retained in the principal office of the respondent and shall
   be  filed  in such manner as to be readily available for reference and
   inspection.

   [ 52 FR 274 , Jan. 5, 1987, as amended at  54 FR 19844 , May 8, 1989;  55 FR 42385 , Oct. 19, 1990;  56 FR 21617 , May 10, 1991;  62 FR 5166 , Feb. 4, 1997]

Subpart F—Maximum Allowable Rates of Return