Federal Communications Commission Network Acquisition Approval Act of 1985

Summary

Federal Communications Commission Network Acquisition Approval Act of 1985 - Amends the Communications Act of 1934 to require the Federal Communications Commission to take specified actions before granting any application proposing the acquisition of ownership or control of a television network whose board of directors has not approved the acquisition. Directs the Commission to require the applicant to file specified information, including: (1) the identities, managerial expertise, and financial resources of the persons involved in the acquisition; (2) the sources of funds and the details of financial arrangements involved in the acquisition, as well as any plan to liquidate assets; (3) any reduction in service to any community that would result from the acquisition; and (4) the reasons that the acquisition would benefit the public interest, convenience, and necessity. Directs the Commission to: (1) issue a public notice indicating that such information is available for public inspection; (2) allow a party 30 days after such notice is issued to file a petition to deny the application; and (3) conduct a full evidentiary hearing on such application.

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Timeline

1. 18 June 1985

   Introduced

   Read twice and referred to the Committee on Commerce.

   Source: IntroReferral

2. 18 June 1985

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 18 July 1985

   Committee

   Committee on Commerce. Hearings held. Hearings printed: S.Hrg. 99-292.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 18 June 1985

  Open at official source

Sponsors

• Sen. Pressler, Larry [R-SD] · R · Sponsor
• Sen. Eagleton, Thomas F. [D-MO] · D · Sponsor
• Sen. Inouye, Daniel K. [D-HI] · D · Sponsor
• Sen. Exon, J. James [D-NE] · D · Sponsor
• Sen. Durenberger, Dave [R-MN] · R · Sponsor
• Sen. Abdnor, James [R-SD] · R · Cosponsor
• Sen. Melcher, John [D-MT] · D · Cosponsor
• Sen. Proxmire, William [D-WI] · D · Cosponsor
• Sen. Domenici, Pete V. [R-NM] · R · Cosponsor
• Sen. Dixon, Alan J. [D-IL] · D · Cosponsor
• Sen. Bingaman, Jeff [D-NM] · D · Cosponsor
• Sen. Andrews, Mark [R-ND] · R · Cosponsor
• Sen. Burdick, Quentin N. [D-ND] · D · Cosponsor
• Sen. Pell, Claiborne [D-RI] · D · Cosponsor
• Sen. Moynihan, Daniel Patrick [D-NY] · D · Cosponsor
• · sscm00 · Standing

Related records

• related to → Federal Communications Commission Network Acquisition Approval Act of 1985