SENATE FLOOR VERSION - SB708 SFLR Page 1 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 SENATE FLOOR VERSION February 18, 2021 SENATE BILL NO. 708 By: Leewright An Act relating to telecommunications; imp osing maximum charges with respect to cer tain connections to utility poles; prescribing method for determination of permissib le rate increases; excluding rates related to electric power; providing for payment of rates for electric services; stating requirement of certain contract with cooperative ; requiring payment by rural electric cooperatives for certain relocations; providing for codification; and providing an effective date . BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new sect ion of law to be codified in the Oklahoma Statutes as Section 437.35 of Title 18, un less there is created a duplication in num bering, reads as follows: A. The rates charged by a rural electric cooperative for attachments to utility poles by communications services providers shall not exceed Twenty-one Dollars ($21.00) per rural-electric- cooperative-owned pole per year. This rate may be adjusted by ten percent (10%) every five (5) years rounded to the nearest dollar . B. The rates provided in this section do not include any applicable charges for electric power. A communications services SENATE FLOOR VERSION - SB708 SFLR Page 2 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 provider must pay separately for such services and such services shall be at market rate. C. The monetary cap provided in this secti on does not eliminate the requirement of pole attachers to contract with the cooperative on terms and conditions of the at tachments. D. Any rural electric cooperative that attaches to a pole that results in the relocation of a c ommunications services prov ider’s existing attachment; provided, that such attachment was previously in compliance with all agreed upon safety and co ntractual standards, shall pay for the cost of the relocation of the communications services provider’s attachment including pole replacement if necessary. SECTION 2. This act shall become effective November 1, 202 1. COMMITTEE REPORT BY: C OMMITTEE ON ENERGY February 18, 2021 - DO PASS