[Congressional Record Volume 141, Number 72 (Wednesday, May 3, 1995)]
[House]
[Page H4520]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                NEW DEREGULATION FOR TELECOMMUNICATIONS

  (Mr. STEARNS asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. STEARNS. Mr. Speaker, I just wanted to advise and introduce to 
the Members that we had a telecommunications press conference today 
offered through the Committee on Commerce a new deregulatory bill which 
will allow mass communications to change dramatically, and I had the 
honor to offer as an amendment to this bill new broadcast ownership 
changes to allow many new forms of ownership for video broadcasting. It 
is bipartisan bill.
  Basically it reduces restrictions on ownership of broadcasting 
stations and other media mass communications. As I mentioned, it 
repeals antiquated rules and regulations and brings broadcasting up to 
date with technology. The bill states that the FCC does not provide or 
enforce any regulations concerning cross ownership. The details of this 
will be in a statement that I will put in the extension of my remarks 
today.


                          ____________________