Can you transfer a FCC license?
No. The FCC must authorize the assignment or transfer of control of the FCC-issued licenses. Thus, for Private Radio Service licensees, simply filing the application is insufficient. The parties must wait for the FCC to grant the application prior to closing or consummating the transaction.
Can you sell an FCC license?
An assignment is a transaction in which a licensee proposes to sell its FCC authorization(s) (license) to another, separate entity. It is important to know whether any licenses have expired, or are nearing a construction requirement. The FCC will not approve the assignment or transfer of a cancelled or expired license.
What is FCC Form 603?
FCC Form 603 is a multi-purpose form. It is used to request approval for an Assignment of Authorization (Assignment) or Transfer of Control (Transfer) involving licenses in the Wireless Radio Services.
What is a consummation notice?
(d) Notification of consummation. In all Wireless Radio Services, licensees are required to notify the Commission of consummation of an approved transfer or assignment using FCC Form 603. The assignee or transferee is responsible for providing this notification, including the date the transaction was consummated.
What is an FCC consummation notice?
Notification of Consummation Upon consummation of any transfer of control, the transferee must notify the FCC of the date of consummation. The assignee or transferee may notify the FCC that the transaction has been consummated online through ULS, from the My License page.
Is the applicant exempt from FCC application fees?
o Non-profit applicants in the Special Emergency and Public Safety Radio Services are exempt from the application fee, provided their applications are accompanied by a current Determination Letter from the Internal Revenue Service documenting their non-profit status under IRS Code Section 501(c)(3).
What is pro forma assignment?
A pro forma assignment or transfer is one in which the form of ownership changes but actual control of the license remains with the same entity. Non-pro forma assignments and transfers require prior Commission approval.
Who needs FCC license?
Why do I need an FCC license? In the United States, the FCC regulates the frequencies that are used by devices like two way radios. The FCC requires that anyone operating a device on the General Mobile Radio Service (GMRS) obtain a license prior to use.
How long is a FCC license good for?
FCC licenses are typically good for 10 years. Each license has an expiration date on it. If you have an expiration coming up within the next few months, let us know and we will take care of the paperwork. Did you get a letter notifying you of an upcoming FCC expiration on one of your licenses?
How do I become exempt from FCC fees?
Under the Commission’s community service exemption, a broadcast facility is exempt from regulatory fees if it meets all three of the following criteria: (1) it is not licensed to, and is not commonly owned in whole or in part, by the licensee of a commercial broadcast station; (2) it does not derive income from …
Who pays FCC regulatory fees?
Governmental entities and entities that are tax exempt under §501 of the Internal Revenue Code are exempt. Carriers whose total regulatory fee payment obligation is less than $10 are also exempt. However, the vast majority of FCC Form 499-A filers are required to pay ITSP regulatory fees.
How do I transfer ownership of an FCC property?
An email from the original FCC owner requesting the transfer to be made must be included when submitting the transfer request to [email protected] Once the transfer takes place, the receiving guest is now the owner and the previous owner cannot request a transfer back. Only one transfer or exchange of ownership will be allowed per FCC.
Do I need FCC approval to transfer control of a license?
For licenses in the Private Wireless Services, both “substantial” and ” pro forma ” assignments and transfers of control require prior FCC approval.
When did the FCC change the cross ownership rule?
On November 20, 2017, the Commission released an Order on Reconsideration and Notice of Proposed Rulemaking (FCC 17-156) that, among other decisions, eliminated the Newspaper/Broadcast Cross-Ownership Rule; eliminated the Radio/Television Cross-Ownership Rule; and revised the Local Television Ownership Rule.
What are the current FCC ownership rules for broadcast TV networks?
Details of the current ownership rules are summarized below. Details of the current ownership rules are summarized below. FCC rules effectively prohibit a merger between any two of the big four broadcast television networks: ABC, CBS, Fox, and NBC.
