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PA Bulletin, Doc. No. 18-558

NOTICES

PENNSYLVANIA PUBLIC
UTILITY COMMISSION

Tax Cuts and Jobs Act of 2017; Public Comment Period Extension; M-2018-2641242

[48 Pa.B. 2066]
[Saturday, April 7, 2018]

 On March 2, 2018, the Pennsylvania Public Utility Commission (Commission) issued a Secretarial Letter to Pennsylvania telecommunications carriers in an effort to determine any effects of the Tax Cuts and Jobs Act (TCJA) (Pub.L. No. 115-97) on the tax liabilities of Pennsylvania telecommunications carriers for 2018 and future years. In this Secretarial Letter, the Commission requested that the specified telecommunications carriers provide verified responses to data requests propounded by the Commission. Additionally, the Commission requested that interested parties submit comments addressing, among other things, whether the Commission should adjust current retail and wholesale rates to reflect the effect of the tax rate reductions resulting from the TCJA, including the potential for refunds effective as of January 1, 2018.

 The due date for the verified responses and comments was March 27, 2018. However, prior to that date, the Pennsylvania Telephone Association (PTA) filed a request with the Commission on behalf of its member companies seeking an extension until May 25, 2018, to provide responses.

 Having found that the request is reasonable, the Commission, hereby, grants the request of the PTA. Notwithstanding this extension of time to file responses to the data requests, the current retail and wholesale rates of Pennsylvania telecommunication carriers are, and will remain, under review by the Commission to ensure that they are just and reasonable as required by 66 Pa.C.S. § 1301 (relating to rates to be just and reasonable). Additionally, whether, and how, the economic benefits of the reduced Federal corporate income tax rate that became effective on January 1, 2018, should be passed through to consumers is, likewise, under review by the Commission.

ROSEMARY CHIAVETTA, 
Secretary

[Pa.B. Doc. No. 18-558. Filed for public inspection April 6, 2018, 9:00 a.m.]


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