House committee substitute makes the following changes to 1st edition. Amends proposed language in GS 62-133.5(l) to allow a local exchange company subject to rate of return regulation or subject to another authorized form of regulation who forgoes receiving funding from a state funding mechanism other than interconnection rates that may be established to support universal service (was, forgoes funding from a state universal service fund or alternative funding mechanism) and whose territory is open to competition from competing local providers to elect to have its rates, terms, and conditions determined according to the plan described in the subsection by filing notice of intent. Makes other clarifying changes.