🔓
Sign in as a Member to unlock the full view of S.259. · Full carveout list, all affected companies, party defectors, and 30-day trade predictions.
Become a Member$24.50/mo already a Member? Sign in →
S.259 · 119TH CONGRESS

Foreign Adversary Communications Transparency Act

Status
Passed Chamber
Latest Action
2025-10-24
Sponsor
Fischer, Deb (R-Nebraska)
Official Source
Investability
36/100
Stage
PASSED_ONE
Related Bills
1
Full Text
3,796 chars
Alive
Yes

What This Bill Does · Plain English

Summary · Congress.gov
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. With respect to entities holding cable landing licenses (for the placement and operation of submarine communications cables) or other licenses granted via competitive auction, the FCC must publish a list of all such entities (1) in which a covered entity holds a specified voting or equity interest, or (2) that have been determined by a national security agency to be subject to the control of a covered entity. With respect to entities holding all other categories of FCC licenses or other authorizations, the FCC must first issue rules facilitating the collection of information on such licensees’ ownership structure. After that information is obtained, the FCC must add to the published list any such entity in which a covered entity holds a specified voting or equity interest. Under the bill, a covered entity is defined as an entity organized in China, Iran, North Korea, or Russia; a subsidiary of such an entity; or the government of China, Iran, North Korea, or Russia.

Action Timeline

2025-10-24
Held at the desk.
2025-10-24
Received in the House.
2025-10-23
Message on Senate action sent to the House.
2025-10-23
Passed Senate without amendment by Voice Vote. (consideration: CR S7734; text: CR S7734)
2025-10-23
Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.
2025-07-09
Placed on Senate Legislative Calendar under General Orders. Calendar No. 110.
2025-07-09
Committee on Commerce, Science, and Transportation. Reported by Senator Cruz without amendment. With written report No. 119-36.
2025-07-09
Committee on Commerce, Science, and Transportation. Reported by Senator Cruz without amendment. With written report No. 119-36.
2025-04-30
Committee on Commerce, Science, and Transportation. Ordered to be reported without amendment favorably.
2025-01-27
Read twice and referred to the Committee on Commerce, Science, and Transportation.

Frequently Asked Questions

Did S.259 pass?
S.259 is still alive. Current stage: PASSED_ONE. Pass likelihood: 36%.
What does S.259 do?
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. With respect to entities holding cable landing licenses (for the placement and operation of submarine communications cables) or other licenses granted via competitive auction, the FCC must publish a list of all such entities (1) in which a covered entity holds a specified voting or equity interest, or (2) that have been determined by a na…
Who sponsored S.259?
S.259 was sponsored by Deb Fischer (R-Nebraska).

Full Bill Text

119 S259 ES: Foreign Adversary Communications Transparency Act U.S. Senate text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. 119th CONGRESS 1st Session S. 259 IN THE SENATE OF THE UNITED STATES AN 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) 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 country specified in section 4872(f)(2) of title 10, United States Code. (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; and (C) a subsidiary of an entity described in subparagraph (B), regardless of whether the subsidiary is organized under the laws of a covered country. (b) Publication of list 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) ); or (B) the Act of May 27, 1921 ( 47 U.S.C. 34 et seq. ; commonly known as the Cable Landing Licensing Act ) and Executive Order 10530 ( 3 U.S.C. 301 note; relating to the performance of certain functions vested in or subject to the approval of the President); and (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). (c) 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 (b)(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 (b). (d) 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 of title 44, United States Code (commonly referred to as the Paperwork Reduction Act ). (e) Annual updates The Commission shall, not less frequently than annually, update the list published under subsection (b), including with respect to any entity required to be placed on such list by subsection (c)(2). Passed the Senate October 23, 2025. Secretary
🔒 GovGreed Pro · Trading Intelligence on S.259 Get Access — $24.50/mo
Loading intelligence layer…
Bill text sourced from GovInfo.gov · public domain · last updated 2026-07-29. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]