S. 2896 · 108th Congress
A bill to modify and extend certain privatization requirements of the Communications Satellite Act of 1962.
Law · 108-371 · Oct 25, 2004Key: what the circles and colors mean
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Became law without a recorded vote. It passed by voice vote or unanimous consent, which don't record how each member voted.
R
BurnsSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- Senate Introduced Oct 5, 2004
- Senate Passed Oct 5, 2004
- House Passed Oct 8, 2004
- President To the President Oct 13, 2004
- President Signed Oct 25, 2004
- Law Oct 25, 2004
Amends the Communications Satellite Act of 1962 to extend, through June 30, 2005, the date for conducting an initial public offering of securities of any successor entity of Inmarsat (a Government-owned communications satellite).
What it does: CRS summary · Public Law · Oct 25, 2004
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Amends the Communications Satellite Act of 1962 to extend, through June 30, 2005, the date for conducting an initial public offering of securities of any successor entity of Inmarsat (a Government-owned communications satellite).
Allows a successor entity to be deemed a national corporation, and therefor forgo an initial public offering and public securities listing for the above purposes, if: (1) the successor entity makes certain certifications to the Federal Communications Commission (FCC) with respect to the financial interests of Inmarsat signatories and former signatories, and that no intergovernmental organization has any ownership interest in a successor entity of INTELSAT (another Government-owned satellite) or more than a minimal ownership interest in a successor entity of Inmarsat; (2) the successor entity provides such financial and other information as the FCC may require to verify such certification; and (3) the FCC determines that the successor entity is in compliance with such certification.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A bill to modify and extend certain privatization requirements of the Communications Satellite Act of 1962.
Latest action (Oct 25, 2004): Became Public Law No: 108-371.
Policy area: Science, Technology, Communications · Origin: Senate · Introduced: Oct 5, 2004
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- Senate Introduced Oct 5, 2004
- Senate Passed Oct 5, 2004
- House Passed Oct 8, 2004
- President To the President Oct 13, 2004
- President Signed Oct 25, 2004
- Law Oct 25, 2004
No recorded floor vote found.