PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Commerce.
Congressional Research Service
Version 00 · Introduced in Senate · Mar 5, 1997
International Telecommunications Investment Clarification Act - Amends the Communications Act of 1934 to prohibit any broadcast radio station license from being granted to or held by any corporation of which more than one-fifth of the capital stock is owned or voted by aliens or by a foreign corporation, or any corporation directly or indirectly controlled by any other corporation of which more than one-fourth of the capital stock is owned or voted by aliens or by a foreign corporation, if the Federal Communications Commission (FCC) finds that the public interest will be served by the refusal or revocation of such license. Provides a similar prohibition with respect to the granting of licenses for a common carrier or aeronautical en route or aeronautical fixed radio station. Prohibits the FCC from denying a license to land or operate submarine cable solely on the grounds that such license will be issued to a corporation owned by aliens or by a foreign corporation.
People & committees
Sen. McCain, John [R-AZ] · R–AZ
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Read twice and referred to the Committee on Commerce.
Sponsor introductory remarks on measure. (CR S1995)
Introduced in Senate
Primary sources
Text links open the official source. We currently store references to these documents.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
AI Conversation Starters
Choose a perspective, copy a prompt, and paste it into your preferred AI. Each prompt includes the bill version and available official source links, and asks for counterarguments as well as supporting evidence.
Analyze S.407 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
Examine S.407 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.
Examine S.407 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.
Examine S.407 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.