Inc Accounting amp Customer Service Conference San Antonio TX June 911 2014 Legislative Update Three Important Points to Remember Legislative Update 1 Relationships 2 Relationships ID: 357846
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Texas Statewide Telephone Cooperative, Inc.
Accounting
& Customer
Service Conference
San Antonio, TX
June 9-11, 2014Slide2
Legislative Update
Three Important Points to Remember…Slide3
Legislative Update
1. Relationships
2. Relationships
3. RelationshipsSlide4
Legislative Update
Urban vs. Rural
Smaller Government
Less Taxes
Every legislative session more important than the last
Every legislative session more difficult
than
the lastSlide5
Legislative Update
Dallas Morning News – Sunday, June 8, 2014 –
State Senator Troy Frasier of Horseshoe Bay said the libertarian instinct helps press the (Republican) party in the direction of smaller government but has its limits.
When you get up in the morning and you turn on the electric switch, you want the lights to come on.
…you want potable water…
…you want a decent road to drive on…Slide6
Legislative Update
Senator Frasier
continued
I don’t want government overplaying what it should do.
But the obvious concern is if you get to the point where you’re against everything.Slide7
Legislative Update
Relationships
If you have a connection, tell your management
Know your State Senator and State Representative
Underscore with them the importance of Rural areas
Food, Fiber, Fuel
Rural MattersSlide8
Legislative Update
TSTCI PAC Fund
Be creative with fund
raising
Creative award goes to
Peoples Telephone Cooperative
Support your PAC Slide9
Legislative UpdatePayroll Deduction
Easiest method to participate
Thanks to the Employees and Management of the following:
Central Texas Telephone Cooperative, Inc.
Hill Country Telephone Cooperative, Inc.
Mid-Plains Rural Telephone Cooperative, Inc.
Nortex
CommunicationsSlide10
Regulatory Update
Slide11
Regulatory Update
PURA Section 56.025
Importance of statute preserved several
legislative sessions
ago realized
On-going work with PUC on recovery of lost revenues from TUSF as a result of FCC decisionsSlide12
Regulatory UpdatePURA Section 56.025
“
Training” session with PUC
staff 07/15/14
Sharon Minor, CHR – History and Background
Gary Smith, JSI – Overview of Federal Support
R J Del
Mese
, Moss Adams
– Overview of reform impact, why we need
56.025
support
Steve
Gatto
, GVNW
–
Summary of the 56.025 process and discussion of true-up processSlide13
Regulatory UpdateProject No. 39939/Project No. 41505
Transparency & Accountability
Disclosure of certain financial information
Delay of FCC 5-Year Plan filings
Dispute over disclosure began last year
PUC files request for opinion from Attorney General on issue to “declassify” compliance reports on June 20, 2104
Briefs due by July 22, 2014Slide14
Regulatory UpdateTUSF Taskforce
Overview of work in progress
It is political
It is financial
It is regulatory
Concept of options
2015 vs 2017
If no action, then…Slide15
Legislative & Regulatory
Update
Any Questions?Slide16
Legislative & Regulatory Update