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Bill introduced in Ore. House (HB-2659) would abolish earnings-ba...

Bill introduced in Ore. House (HB-2659) would abolish earnings-based regulation of large incumbent telcos and put all Ore. incumbents over 15,000 lines under price cap regulation. Currently, only Qwest is under price caps, with Verizon (formerly GTE), Sprint and…

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Century Tel under rate-of-return regulation. Present law allows them to elect price cap system prescribed by state law, provided they put amount equal to 20% of that year’s revenues into special infrastructure development fund for rural and advanced services over next 4 years. Proposed bill by Rep. Jim Hill (R) would make price caps and infrastructure fund mandatory for those telcos in 2002.