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Texas Statewide Telephone Cooperative , Inc.

Texas Statewide Telephone Cooperative , Inc. Accounting & Customer Service Conference San Antonio, TX June 9-11, 2014. Legislative Update. Three Important Points to Remember…. Legislative Update. 1. Relationships 2. Relationships 3. Relationships. Legislative Update. Urban vs. Rural

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Texas Statewide Telephone Cooperative , Inc.

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  1. Texas Statewide Telephone Cooperative, Inc. Accounting & Customer Service Conference San Antonio, TX June 9-11, 2014

  2. Legislative Update Three Important Points to Remember…

  3. Legislative Update • 1. Relationships • 2. Relationships • 3. Relationships

  4. Legislative Update • Urban vs. Rural • Smaller Government • Less Taxes • Every legislative session more important than the last • Every legislative session more difficult than the last

  5. 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…

  6. 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.

  7. 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 Matters

  8. Legislative Update TSTCI PAC Fund Be creative with fund raising Creative award goes to Peoples Telephone Cooperative Support your PAC

  9. Legislative Update • Payroll 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 Communications

  10. Regulatory Update

  11. 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 decisions

  12. Regulatory Update • PURA 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 process

  13. Regulatory Update • Project 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, 2014

  14. Regulatory Update • TUSF 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…

  15. Legislative & Regulatory Update Any Questions?

  16. Legislative & Regulatory Update

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