Foreign Adversary Communications Transparency Act

To direct the Federal Communications Commission to publish a list of entities that hold authorizations, licenses, or other grants of authority issued by the Commission and that have certain foreign ownership, and for other purposes. 1. Short title This Act may be cited as the Foreign Adversary Communications Transparency Act 2. List of entities holding FCC authorizations, licenses, or other grants of authority and having certain foreign ownership (a) In general Not later than 120 days after the date of the enactment of this Act, the Commission shall publish on the internet website of the Commission a list of each entity— (1) that holds a license issued by the Commission pursuant to— (A) section 309(j) of the Communications Act of 1934 ( 47 U.S.C. 309(j) (B) the Act of May 27, 1921 ( 47 U.S.C. 34 et seq. Cable Landing Licensing Act 3 U.S.C. 301 (2) with respect to which— (A) a covered entity holds an equity or voting interest that is required to be reported to the Commission under the ownership rules of the Commission; or (B) an appropriate national security agency has determined that a covered entity exerts control, regardless of whether such covered entity holds an equity or voting interest as described in subparagraph (A). (b) Rulemaking (1) In general Not later than 18 months after the date of the enactment of this Act, the Commission shall issue rules to obtain information to identify each entity— (A) that holds any authorization, license, or other grant of authority issued by the Commission (other than a license described in subsection (a)(1)); and (B) with respect to which a covered entity holds an equity or voting interest that is required to be reported to the Commission under the ownership rules of the Commission. (2) Placement on list Not later than 1 year after the Commission issues the rules required by paragraph (1), the Commission shall place each entity described in such paragraph on the list published under subsection (a). (c) Paperwork Reduction Act exemption A collection of information conducted or sponsored by the Commission to implement this section does not constitute a collection of information for the purposes of subchapter I of chapter 35 Paperwork Reduction Act (d) Annual updates The Commission shall, not less frequently than annually, update the list published under subsection (a), including with respect to any entity required to be placed on such list by subsection (b)(2). (e) Definitions In this section: (1) Appropriate national security agency The term appropriate national security agency 47 U.S.C. 1608 (2) Commission The term Commission (3) Covered country The term covered country (4) Covered entity The term covered entity (A) the government of a covered country; (B) an entity organized under the laws of a covered country; and (C) a subsidiary or affiliate of an entity described in subparagraph (B), regardless of whether the subsidiary or affiliate is organized under the laws of a covered country. May 7, 2024 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed

Summary: Foreign Adversary Communications Transparency Act This bill requires the Federal Communications Commission (FCC) to annually publish a list of entities that hold a license or other authorization granted by the FCC and have ties to specified countries. An entity must be listed if the government of China, Cuba, Iran, North Korea, Russia, or Venezuela (or an organization subject to the jurisdiction of any of those governments) owns an equity interest in the entity. The FCC may list additional entities that do not meet these requirements after consulting with an appropriate national security agency.