To amend the Communications Act of 1934 to provide for time limits for action by the Federal Communications Commission on applications for the transfer of control or assignment of any license or other authorization subject to the jurisdiction of the Commission, and for other purposes.
To amend the Communications Act of 1934 to provide for time limits for action by the Federal Communications Commission on applications for the transfer of control or assignment of any license or other authorization subject to the jurisdiction of the Commission, and for other purposes.
Plain Language Summary
# Summary of HR 7742 **What the Bill Would Do:** This bill would amend the Communications Act of 1934 to establish deadlines for the Federal Communications Commission (FCC) to make decisions on applications when companies want to transfer ownership or reassign licenses (such as broadcast licenses, wireless spectrum licenses, etc.). Currently, the FCC can take extended periods to review these applications. The bill aims to speed up this process by imposing time limits on how long the FCC can take to approve or deny such requests. **Who It Affects:** The bill primarily impacts broadcasting companies, telecommunications firms, and other entities that hold FCC licenses or authorizations.
It could also indirectly affect consumers by potentially accelerating changes in media ownership or service providers. The FCC and its decision-making process would also be directly affected. **Current Status:** HR 7742 is currently in committee, meaning it has been introduced but has not yet been debated or voted on by the full House of Representatives. The bill was sponsored by Representative August Pfluger (R-TX).
Latest Action
Referred to the House Committee on Energy and Commerce.