Amend the bill in section 1 in §7308 by striking out all of subsection 2 (page 1, lines 6 and 7 in L.D.) and inserting the following:
‘ 2. Prohibition on retroactive rate increase for prepaid calling services. A provider of prepaid calling services may not increase the rate charged for the quantity of service that the consumer purchased until the balance of the purchased service is consumed or expires in accordance with an expiration date of which the consumer had notice at the time of purchase. The quantity of service must be determined by the rates, terms and conditions in effect at the time of the purchase.’
SUMMARY
This amendment clarifies the provision in the bill that prohibits the reduction in the value of a prepaid calling service after the time of service. The amendment specifies that the quantity of prepaid calling service must be determined by the rates, terms and conditions in effect at the time of purchase and the provider of such service is prohibited from increasing the rate charged for the service purchased until the service is consumed or expires in accordance with a known expiration date.