S503-119

1. Short title This Act may be cited as the Network Equipment Transparency Act or the NET Act.

2. Telecommunications supply chain consideration Section 13(b) of the Communications Act of 1934 (47 U.S.C. 163(b)) is amended— by redesignating paragraphs (3), (4), and (5) as paragraphs (4), (5), and (6), respectively; and by inserting after paragraph (2) the following: assess, to the extent that data is available to the Commission, how the availability of network equipment may have impacted the deployment of advanced telecommunications capability during the applicable reporting period; Nothing in the amendments made by subsection (a) shall be construed to require any provider of advanced telecommunications capability to provide the Federal Communications Commission more information than was required for the purpose of section 13 of the Communications Act of 1934 (47 U.S.C. 163) as in effect on the day before the date of enactment of this Act. Section 13 of the Communications Act of 1934 (47 U.S.C. 163), as amended by subsection (a), is amended— in subsection (b)— in paragraph (5), as so redesignated, by striking (3) and inserting (4); and in paragraph (6), as so redesignated, by striking (4) and inserting (5); in subsection (c), by striking (b)(4) and inserting (b)(5); and in subsection (d)(3), by striking (b)(3) and inserting (b)(4). (3)assess, to the extent that data is available to the Commission, how the availability of network equipment may have impacted the deployment of advanced telecommunications capability during the applicable reporting period;.