S.D. Admin. R. 20:10:28:85
Only allowance for funds used during construction and charitable, social, and community welfare contributions are considered in account 7300 for separations purposes.
Subsidiary record categories are maintained for this account that identify amounts made to the account for credits representing allowance for funds used during construction and for contributions for charitable, social, or community welfare purposes, employee activities, membership dues and fees in service clubs, community welfare associations, and similar organizations.
The portion reflecting allowance for funds used during construction is apportioned based on the cost of telecommunications plant under construction, long term, account 2004. The portion reflecting costs for social and community welfare contributions and fees is apportioned based on the apportionment of corporate operations expenses.
S.D. Admin. R. 20:10:28:85
General Authority: SDCL 49-1-11, 49-31-5, 49-31-18.
Law Implemented: SDCL 49-31-18.
Telecommunications plant under construction - long term, 47 C.F.R. § 32.2004 (1991). Nonoperating income and expenses, 47 C.F.R. § 32.7300 (1991). Nonoperating income and expenses - account 7300, 47 C.F.R. § 36.222 (1991).