Establishes the "Telecommunications Security Act of 2024"

This bill establishes the Telecommunications Security Act of 2024 to regulate telecommunications infrastructure in Missouri by prohibiting the use of equipment from specific foreign nations and federally banned companies. It requires all new critical telecommunications infrastructure to be built without equipment from designated foreign adversaries or restricted entities, while also mandating the removal and replacement of any existing prohibited gear. Telecommunications providers must register with the state Public Service Commission annually, pay a fee, and certify that their networks comply with these restrictions. The bill imposes significant daily fines for violations and bars non-compliant providers from receiving state or local funds for infrastructure projects.