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 foreign countries. An entity must be listed if China, Iran, North Korea, or Russia (or organizations subject to the jurisdictions of those governments) owns 10% or more of the entity.
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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Foreign Adversary Communications 
Transparency Act''.

SEC. 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) an authorization issued by the Commission;
                    (B) a license issued by the Commission; or
                    (C) any other grant of authority issued by the 
                Commission; and
            (2) either--
                    (A) 10 percent or more of the equity interest (or 
                equivalent thereof) of which is owned by--
                            (i) a covered entity; or
                            (ii) multiple covered entities, in the 
                        aggregate; or
                    (B) that is not covered by subparagraph (A) but 
                that the Commission, in consultation with an 
                appropriate national security agency, considers 
                appropriate.
    (b) Annual Updates.--The Commission shall update the list published 
under subsection (a) not less frequently than annually.
    (c) Definitions.--In this section:
            (1) 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).
            (2) Commission.--The term ``Commission'' means the Federal 
        Communications Commission.
            (3) Covered country.--The term ``covered country'' means--
                    (A) the People's Republic of China;
                    (B) Russia;
                    (C) Iran; and
                    (D) North Korea.
            (4) Covered entity.--The term ``covered entity'' means--
                    (A) the government of a covered country;
                    (B) an entity organized under the laws of a covered 
                country or otherwise subject to the jurisdiction of the 
                government of a covered country; and
                    (C) 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.
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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.
Foreign Adversary Communications Transparency Act
Rep. Stefanik, Elise M.