<div class="mw-collapsible mw-collapsed"><div class="primertextbox"> In March 2014, the US Department of Commerce’s National Telecommunications and Information Administration announced its intention to transition the oversight role of the IANA Functions to the global multistakeholder community on 30 September 2015 (later extended to 30 September 2016). The announcement asked ICANN to initiate a multistakeholder process to develop a proposal to be submitted to the NTIA for approval. The proposal requires broad support and follows the following principles:
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<div class="primertextbox"> In March 2014, the US Department of Commerce’s National Telecommunications and Information Administration announced its intention to transition the oversight role of the IANA Functions to the global multistakeholder community on 30 September 2015 (later extended to 30 September 2016). The announcement asked ICANN to initiate a multistakeholder process to develop a proposal to be submitted to the NTIA for approval. The proposal requires broad support and follows the following principles:
*Support and enhance the multistakeholder model
*Support and enhance the multistakeholder model
*Maintain the security, stability, and resiliency of the Internet DNS
*Maintain the security, stability, and resiliency of the Internet DNS