Missouri § 392.605 - Local exchange telecommunications companies to decrease certain rates for three years — exemption.
Full text of Missouri Revised Statutes of Missouri § 392.605 — Local exchange telecommunications companies to decrease certain rates for three years — exemption., with citation guidance and answers to common questions.
§ 392.605. Local exchange telecommunications companies to decrease certain rates for three years — exemption.
1. For a period of three years, each incumbent local exchange telecommunications company shall decrease its composite intrastate switched exchange access rates annually by six percent of the difference, as determined immediately preceding the first reduction required under this subsection, between its composite interstate switched exchange access rates and its composite intrastate switched exchange access rates, except that the provisions of this subsection shall not apply to small incumbent local exchange telecommunications companies individually serving fewer than twenty-five thousand access lines as of January 1, 2010, and the provisions of subsection 6 of section 392.361 and section 392.370 to the contrary notwithstanding, rural alternative local exchange telecommunications companies as defined in this section. The first six percent reduction shall occur by March 1, 2011, and the two subsequent six percent reductions shall occur by March first of each subsequent year thereafter. Between January fifteenth and January thirtieth of each year following a rate reduction required under this section, any company whose intrastate rates have been impacted by the requirements of this section shall submit a report to the chairperson of the house standing committee selected by the speaker of the house of representatives and the chairperson of the senate standing committee selected by the president pro tem of the senate which report shall describe the company's activities with regard to quality of consumer service, build-out of telecommunications infrastructure, and any other nonproprietary matters requested by the chairpersons of the committees as well as the financial impact of the provisions of this section on the company.
2. For purposes of this section, the term "rural alternative local exchange telecommunications company" shall be defined to include only those alternative local exchange telecommunications companies that, as of December 31, 2009:
(1) Possess a certificate of service authority to provide basic local telecommunications services issued by the commission;
(2) Have tariffs on file with and approved by the commission for the provision of basic local telecommunications services and exchange access services;
(3) Provide basic local telecommunications services and exchange access service to at least sixty percent of their local subscribers over distribution facilities connecting end-user customers to the central office which are owned by the alternative local exchange telecommunications company. For purposes of this subsection, the ownership of distribution facilities connecting end-user customers to the central office shall not include facilities that are leased, such as unbundled network elements, or resold from any other person or entity; and
(4) Have more than ninety percent of their total Missouri basic local telecommunications service customers located in counties of the third classification.
3. The exemption under this section for rural alternative local exchange telecommunications companies shall only apply to those exchanges where the rural alternative local exchange telecommunications companies serve existing lines as of December 31, 2009.
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(L. 2010 H.B. 1750)
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Frequently Asked Questions About Missouri § 392.605
What does Revised Statutes of Missouri § 392.605 cover?
Section 392.605 ("Local exchange telecommunications companies to decrease certain rates for three years — exemption.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 392.605?
A common citation format is "Revised Statutes of Missouri § 392.605" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 392.605 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.