Foreign Adversary Communications Transparency Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
This bill requires the Federal Communications Commission (FCC) to create and maintain a public list of entities holding FCC licenses and authorizations that have ties to specific foreign countries – China, Iran, North Korea, or Russia. The FCC will identify these entities based on ownership interests or a determination by a national security agency that the entity is under foreign control. The bill also directs the FCC to develop rules for collecting information about these entities’ ownership structures and to update the list annually.
Key provisions
- The FCC must publish a list of entities holding FCC licenses with foreign ownership ties.
- The list will include entities where a covered entity (China, Iran, North Korea, or Russia, or their subsidiaries) holds voting or equity interests.
- The list will also include entities determined by a national security agency to be under foreign control, regardless of ownership.
- The FCC must develop rules to collect information about the ownership structures of entities holding non-specified licenses.
- The FCC must update the list annually.
- The bill exempts the FCC’s information collection activities from the Paperwork Reduction Act.
- The initial list must be published within 120 days of enactment.
- The FCC must issue rulemaking to identify entities holding non-specified licenses within 18 months of enactment.
Who is affected
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