[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 514 Introduced in House (IH)]

  1st Session
                                H. R. 514

      To repeal the restrictions on foreign ownership of licensed 
                     telecommunications facilities.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 13, 1995

 Mr. Oxley (for himself, Mr. Boucher, Mr. Fields of Texas, Mr. Tauzin, 
 and Mr. Hastert) introduced the following bill; which was referred to 
                       the Committee on Commerce

_______________________________________________________________________

                                 A BILL


 
      To repeal the restrictions on foreign ownership of licensed 
                     telecommunications facilities.

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

SECTION 1. REPEAL OF FOREIGN OWNERSHIP RESTRICTIONS.

    (a) Repeal.--Subsection (b) of section 310 of the Communications 
Act of 1934 (47 U.S.C. 310(b)) is repealed.
    (b) Conforming Amendments.--
            (1) Section 309(c)(2) of such Act (47 U.S.C. 309(c)(2)) is 
        amended--
                    (A) by striking subparagraph (B); and
                    (B) by redesignating subparagraphs (C) through (H) 
                as subparagraphs (B) through (G), respectively.
            (2) Section 309(j)(6) of such Act (47 U.S.C. 309(j)(6)) is 
        amended by striking ``sections 308(b) and 310'' and inserting 
        ``section 308(b)''.
            (3) Section 332(c) of such Act (47 U.S.C. 332(c)) is 
        amended by striking paragraph (6).
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