This bill tells the FCC to publish and maintain a public list of certain license holders with specified foreign ownership or control ties. It also requires new FCC rules to collect more ownership information and expands the list over time.
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Foreign Adversary Communications Transparency Act is a Senate bill in committee. The latest recorded action: Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
Latest action on H.R. 906: Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
Who this affects: The bill mainly affects communications companies that hold FCC licenses or other approvals, especially companies with spectrum licenses and undersea cable landing licenses, because they may need to report ownership information and could be placed on a public list. It also affects the FCC, which would have to build, publish, update, and expand the list through rulemaking. National security agencies, businesses, policymakers, and the public could use the list to see which license holders have specified foreign ownership or control ties.
Why this matters: The bill is about transparency in parts of the U.S. communications system that can matter for national security, including wireless networks and undersea cables. A public FCC list could make it easier to identify companies with certain foreign ownership or control ties, but the bill itself does not say exactly how much that would change security, competition, or service for everyday users. It could also increase reporting and compliance work for affected companies, especially as the FCC expands the system to other license holders through rulemaking.
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