Section 1 Short title
This Act may be cited as the “Foreign Adversary Communications Transparency Act”.
Foreign Adversary Communications Transparency Act
A BILL
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.
Sec. 2 List of entities holding FCC authorizations, licenses, or other grants of authority and having certain foreign ownership
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—
that holds—
an authorization issued by the Commission;
a license issued by the Commission; or
any other grant of authority issued by the Commission; and
either—
10 percent or more of the equity interest (or equivalent thereof) of which is owned by—
a covered entity; or
multiple covered entities, in the aggregate; or
that is not covered by subparagraph (A) but that the Commission, in consultation with an appropriate national security agency, considers appropriate.
Annual updates— The Commission shall update the list published under subsection (a) not less frequently than annually.
Definitions— In this section:
Appropriate national security agency— The term “appropriate national security agency” has the meaning given such term in section 9 of the Secure and Trusted Communications Networks Act of 2019 (47 U.S.C. 1608).
Commission— The term “Commission” means the Federal Communications Commission.
Covered country— The term “covered country” means—
the People’s Republic of China;
Russia;
Iran; and
North Korea.
Covered entity— The term “covered entity” means—
the government of a covered country;
an entity organized under the laws of a covered country or otherwise subject to the jurisdiction of the government of a covered country; and
a subsidiary or affiliate of an entity described in subparagraph (B) that is not organized under the laws of a covered country or otherwise subject to the jurisdiction of the government of a covered country.