# Process Reform for Executive Branch Review of Certain FCC Applications and Petitions Involving Foreign Ownership
> **Federal Communications Commission** · Final rule; announcement of effective date. · Published 2024-09-11 · Effective 2024-09-11 · 89 FR 73601
## Document
- **Document number:** 2024-20535
- **Category:** telecom-common-carrier
- **Federal Register citation:** 89 FR 73601
- **CFR reference:** 47 CFR 63
- **Publication date:** 2024-09-11
- **Effective date:** 2024-09-11
- **FCC docket:** IB Docket No. 16-155
## Abstract

In this document, the Wireline Competition Bureau (Bureau) announces that the Office of Management and Budget (OMB) has approved revisions to the information collection requirements under OMB Control Number 3060-0989, as associated with additional requirements added in FCC 20-133, adopted September 30, 2020, to section 63.04(a)(4)(i) and (ii) of the Commission's rules for carrier applicants seeking domestic section 214 authorization to transfer control. Pursuant to section 63.04(a)(4)(i) and (ii), applicants must specify the pre-transaction and post-transaction direct and indirect equity and voting interests of any persons or entity owning 10 percent or more of the applicants, as well as provide an ownership diagram that illustrates the applicant's vertical ownership structure.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2024/09/11/2024-20535/process-reform-for-executive-branch-review-of-certain-fcc-applications-and-petitions-involving)
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