WAC 480-120-382   Annual report for competitively classified companies.  The commission will distribute an annual report form including a regulatory fee form. A competitively classified company must:

     (1) Complete both forms, file them with the commission, and pay its regulatory fee, no later than May 1 of each year;

     (2) Provide total number of access lines as required on the annual report form;

     (3) Provide income statement and balance sheet for total company;

     (4) Provide revenues for Washington and Washington intrastate operations subject to commission jurisdiction; and

     (5) Regulatory fees. The telecommunications annual regulatory fee is set by statute at one-tenth of one percent of the first fifty thousand dollars of gross intrastate operating revenue plus two-tenths of one percent of any gross intrastate operating revenue in excess of fifty thousand dollars.

     (a) The maximum regulatory fee is assessed each year, unless the commission issues an order establishing the regulatory fee at an amount less than the statutory maximum.

     (b) The minimum regulatory fee that a company must pay is twenty dollars.

     (c) The twenty-dollar minimum regulatory fee is waived for any company with less than twenty thousand dollars in gross intrastate operating revenue.

     (d) The commission does not grant extensions for payment of regulatory fees.

     (e) If a company does not pay its regulatory fee by May 1, the commission will assess an automatic late fee of two percent of the amount due, plus one percent interest for each month the fee remains unpaid.

     (f) The commission may take action to revoke a company's registration certificate if it fails to pay its regulatory fee.



[Statutory Authority: RCW 80.01.040(4), 81.04.160, and34.05.353 . 06-08-057 (Docket A-060085, General Order No. R-531), § 480-120-382, filed 3/31/06, effective 5/1/06. Statutory Authority: RCW 80.01.040, 80.04.160, 81.04.160 and 34.05.353. 05-06-051 (Docket No. A-021178 and TO-030288, General Order No. R-518), § 480-120-382, filed 2/28/05, effective 3/31/05.]