NET Act

The NET Act (S 503) amends the Communications Act to require the Federal Communications Commission (FCC) to assess how the availability of network equipment impacted the deployment of advanced telecommunications services during specific reporting periods. This change specifically adds a new requirement for the FCC to evaluate this impact, using data already available to the Commission. The bill does not impose new data collection requirements on telecom providers beyond what was previously mandated under Section 13 of the Communications Act. It primarily adjusts existing FCC reporting procedures through technical amendments to the law.