Introduced by the U.S. Government on June 19th, 1934, the federal Communications Act created laws governing the use of and regulation of interstate and foreign commerce in communication by wire and radio. It officially changed the Federal Radio Commission to the Federal Communications Commission and gave enforcement to the FCC from the Interstate Commerce Commission.
The Act combined previous laws such as the Federal Radio Act of 1927 and the Mann-Elkins Act of 1910. It was enacted as Public Law Number 416 by the 73rd Congress and its purpose was to regulate interstate and foreign commerce by wire and radio in order to make it available to all people in the U.S. rapidly and efficiently. The wording of the act also officially created the FCC. On Jan. 3rd, 1996, the 104th Congress amended much of this act with a new Telecommunications Act of 1996, which was the first change in telco policy in over 62 years.