S. 3692 would require the Federal Communications Commission to determine annually whether a shortage of network equipment has affected the deployment of advanced telecommunications in the United States. CBO estimates that enacting S. 3692 would not affect direct spending or revenues. CBO has not estimated the discretionary costs of implementing the bill. The bill would impose a private-sector mandate as defined in the Unfunded Mandates Reform Act that would not exceed the annual threshold of $184 million in 2022 (adjusted annually for inflation). The bill contains no intergovernmental mandates.