Okla. Admin. Code § 165:59-3-44

Current through Vol. 42, No. 4, November 1, 2024

Section 165:59-3-44 - Amount of contributions and charges assessed for the OUSF

(a) The amount of contribution required from each contributing provider shall be determined as provided in the Oklahoma Telecommunications Act.

(b) The OUSF Administrator or contracted agent shall, based on the amount to be contributed to the OUSF, calculate the contribution required to be made to the OUSF by each contributing provider, based on the fund level established by the Commission sufficient to recover the costs of administration and payments for OUSF and OLF requests for funding, as provided by the Oklahoma Telecommunications Act and the information provided pursuant to OAC 165:59-3-42.

(c) The fiscal reporting year shall be July 1 through June 30.

(d) Each contributing provider shall pay its contribution directly to the OUSF Administrator, or contracted agent, as directed by the OUSF Administrator, on a monthly or annual basis, conditioned upon an annual revenue threshold established by the OUSF Administrator.

(e) If the contributing provider qualifies to pay its contribution annually, payment shall be made at the beginning of the fiscal year, and is past due after August 31. If the contributing provider underestimates its annual contribution by 15% or greater, the contributing provider shall be required to make its contributions monthly for the next fiscal reporting year, and underpayments will be subject to interest.

(f) If the contributing provider qualifies to pay its contribution monthly, the contributing provider shall report the prior calendar month's revenues, and pay on those revenues, by the end of the month, each month, without skipping a month.

(g) Interest shall be charged on any payment not received by the reporting due date at the rate of 1.5% monthly.

(h) The payment shall be payable to the OUSF. All contributions and interest payments shall be deposited into the OUSF account established by the OUSF Administrator and/or contracted agent.

(i) All contributions shall be subject to audit by the OUSF Administrator, or its contracted agent.

Okla. Admin. Code § 165:59-3-44

Added at 14 Ok Reg 2562, eff 7-1-97; Amended at 15 Ok Reg 1061, eff 1-6-98 (emergency); Amended at 15 Ok Reg 1901, eff 7-1-98; Amended at 16 Ok Reg 2360, eff 7-1-99

Amended by Oklahoma Register, Volume 32, Issue 23, August 17, 2015, eff. 8/27/2015

Amended by Oklahoma Register, Volume 34, Issue 24, September 1, 2017, eff. 9/11/2017