§  54.304   Administration of Connect America Fund Intercarrier Compensation
Replacement.

   (a) The Administrator shall administer CAF ICC support pursuant to
   § 51.915 and § 51.917 of this chapter.

   (b) The funding period is the period beginning July 1 through June 30
   of the following year.

   (c) For price cap carriers that are eligible and elect, pursuant to
   § 51.915(f) of this chapter, to receive CAF ICC support, the following
   provisions govern the filing of data with the Administrator, the
   Commission, and the relevant state commissions and the payment by the
   Administrator to those carriers of CAF ICC support amounts that the
   carrier is eligible to receive pursuant to § 51.915 of this chapter.

   (1) A Price Cap Carrier seeking CAF ICC support pursuant to § 51.915 of
   this chapter shall file data with the Administrator, the Commission,
   and the relevant state commissions no later than June 30, 2012, for the
   first year, and on the date it files its annual access tariff filing
   with the Commission, in subsequent years, establishing the amount of
   the Price Cap Carrier's eligible CAF ICC funding during the upcoming
   funding period pursuant to § 51.915 of this chapter. The amount shall
   include any true-ups, pursuant to § 51.915 of this chapter, associated
   with an earlier funding period.

   (2) The Administrator shall monthly pay each price cap carrier
   one-twelfth (1/12) of the amount the carrier is eligible to receive
   during that funding period.

   (d) For rate-of-return carriers that are eligible and elect, pursuant
   to § 51.917(f) of this chapter, to receive CAF ICC support, the
   following provisions govern the filing of data with the Administrator,
   the Commission, and the relevant state commissions and the payment by
   the Administrator to those carriers of CAF ICC support amounts that the
   rate-of-return carrier is eligible to receive pursuant to § 51.917 of
   this chapter.

   (1) A Rate-of-Return Carrier seeking CAF ICC support shall file data
   with the Administrator, the Commission, and the relevant state
   commissions no later than June 30, 2012, for the first year, and on the
   date it files its annual access tariff filing with the Commission, in
   subsequent years, establishing the Rate-of-Return Carrier's projected
   eligibility for CAF ICC funding during the upcoming funding period
   pursuant to § 51.917 of this chapter. The projected amount shall include
   any true-ups, pursuant to § 51.917 of this chapter, associated with an
   earlier funding period.

   (2) The Administrator shall monthly pay each rate-of-return carrier
   one-twelfth (1/12) of the amount the carrier is to be eligible to
   receive during that funding period.

   [ 76 FR 73871 , Nov. 29, 2011, as amended at  78 FR 26268 , May 6, 2013]