US HB7742

FCC must determine within 15 days whether license transfer/assignment applications are complete, with 5 days for amended applications; applications are deemed complete if the FCC fails to respond within these timeframes

FCC must approve covered applications within 180 days of public notice, extended to 1 year if additional information is requested or the application is referred to the Committee for the Assessment of Foreign Participation in U.S. Telecommunications

If FCC misses approval deadlines, applicants can obtain a court writ within 72 hours compelling the FCC to approve the application or file a complaint seeking permission to deny it, with the FCC required to prove denial is warranted by clear and convincing evidence

Pro forma transactions (insubstantial transfers) no longer require advance FCC approval; license holders must simply notify the FCC within 30 days of completion

Expands appeal rights to allow applicants to challenge FCC decisions that designate applications for hearing, impose objectionable conditions, or determine applications incomplete