S 259

This bill, the Foreign Adversary Communications Transparency Act, requires the Federal Communications Commission (FCC) to create and maintain a public list of entities holding FCC licenses and authorizations that have ties to certain foreign countries – China, Iran, North Korea, or Russia. The FCC will identify these entities based on direct ownership, voting interests, or a determination by a national security agency that the entity is under the control of a covered country. The bill also mandates the FCC to develop rules for collecting information about these entities and update the list annually.