023-5 Wyo. Code R. § 5-3

Current through April 27, 2019
Section 5-3 - Assessment Reporting, Payments and Annual Assessment Rate

(a) For assessment purposes, all companies realizing any retail intrastate revenue from telecommunications services in Wyoming are required to quarterly report such gross revenues to the Commission. The report of revenue, whatever the amount, is required by the last day of the first month after the end of any calendar quarter in which a company realizes any intrastate revenue from its operations in Wyoming;

(b) By April 15 of each year, the Fund Manager shall issue a report that details the $30 imputed price benchmark described in Wyoming Statute § 37-15-501(h), including a comparison to the weighted statewide average 130% price benchmark, the calculated proposed support distributions from the Fund and the proposed assessment rate that shall be applied to gross intrastate retail revenues. This proposed assessment rate shall be based on the computed amounts needed for support distributions, the statutory cap described in Wyoming Statute § 37-15-501(e)(ii), the prior year gross intrastate retail revenues and any over-or under-collection in the Fund from the previous year;

(c) By May 15 of each year, the Commission shall by order set the Fund assessment rate for the 12 month period beginning July 1st of each year;

(d) The Fund assessment rate shall apply only to intrastate retail telecommunications service revenues and shall not apply to revenues associated with wholesale services. For purposes of the section, wholesale services include any service which is resold, with or without additional value-added features, to end users by the purchaser of the service, except lines purchased and resold by internet service providers;

(e) Fund assessment charges shall appear as a separate line item on each customer's bill unless the Company requests a waiver and the Commission grants the request;

(f) All Companies realizing intrastate retail revenue from telecommunications services in Wyoming are required to report such gross revenues to the Commission as described in (a) and contemporaneously pay into the fund the assessment amount calculated by multiplying the Company's gross revenue, less any wholesale transactions described in paragraph (d), by the assessment rate. Administrative costs incurred by Companies making payments into the Fund shall not be used as an offset to the required payments of assessment;

(g) For assessments of $500 per month or less, payment is required quarterly. For assessments greater than $500 per month, payment is required monthly. Payment is due on or before the last day of the first month following the assessment month or quarter;

(h) Assessments not timely paid shall be subject to a late payment charge equal to 1.5% on the balance each month until the assessment is paid.

023-5 Wyo. Code R. § 5-3

Adopted, Eff. 3/21/2016.

Amended, Eff. 4/16/2018.