On March 14, 2024, the FCC released the proposed contribution factor for second quarter 2024 which will be 32.8 percent. The contribution factor requires telecommunications companies to pay a percentage of their interstate end-user revenues to the Universal Service Fund.
The FCC announcement also “…emphasizes that carriers may not markup federal universal service line-item amounts above the contribution factor. Thus, carriers may not, during the second quarter 2024, recover through a federal universal service line item an amount that exceeds 32.8% of the interstate telecommunications charges on a customer’s bill.”
The second quarter contribution factor public notice can be viewed here.
