(1) There is a telephone low-income assistance program to provide an eligible subscriber with a discount in the monthly charge for local exchange service in the telephone network.
(2) The commission shall set the discount in the charge for local exchange service that is at least $3.50 a month for each eligible subscriber but not more than the amount that is the difference between the otherwise applicable current rate for local exchange service and the rate as it was on April 22, 1997.