{"data":{"id":"us/47-cfr-65.701","jurisdiction":"us","citation":"47 CFR 65.701","heading":"Period of review.","body":"For both exchange and interexchange carriers subject to this part, interstate earnings shall be measured over a two year period to determine compliance with the maximum allowable rate of return. The review periods shall commence on January 1 in odd-numbered years and shall end on December 31 in even-numbered years.","path":["Title 47—Telecommunication","CHAPTER I—FEDERAL COMMUNICATIONS COMMISSION","SUBCHAPTER B—COMMON CARRIER SERVICES","PART 65—INTERSTATE RATE OF RETURN PRESCRIPTION, PROCEDURES, AND METHODOLOGIES","Subpart F—Maximum Allowable Rates of Return"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-47.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:28Z","sha256":"a1b48da880b9a22d23b0a77fbd3d48386a6f6d7cc95de34e2675920511806283","source_id":"us-cfr","stale":true,"prev":"us/47-cfr-65.700","next":"us/47-cfr-65.702"},"notice":"GroundRules: Original legal text. Not legal advice."}