(a) Amount of assessment. Each local exchange company subject to the jurisdiction of the commission shall pay an annual per-access-line assessment. The commission shall establish the assessment rate annually according to projected Public Utility Commission and Office of Public Utility Counsel expenditures for the current fiscal year related to implementation of the provisions of the Public Utility Regulatory Act (PURA) §52.060 and §53.308, divided by total industry access lines. The assessment shall be based upon access lines in existence during the preceding calendar year.
(b) Notice of assessment. Each year the commission shall calculate the assessment due from each local exchange company and so advise each company. The commission shall also advise companies of the address to which payments should be made and any identification or markings necessary for the payment to be properly credited.
(c) Payment of assessment. All assessments required by this section shall be due and payable to the State of Texas on or before December 10th of each year.

Source Note: The provisions of this §26.7 adopted to be effective February 18, 1999, 24 TexReg 940