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Code · BILL · 116th Congress · S. 3246 (Introduced in Senate) — To amend the Communications Act of 1934 to direct the Federal Communications Commission to conduct a public auction o... · Sec. 4

Sec. 4. Trust Funds

347 words·~2 min read·/bill/116/s/3246/is/section-4

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There is established in the Treasury of the United States— a trust fund to be known as the Digital Divide Trust Fund ; and a trust fund to be known as the Next Generation 9–1–1 Trust Fund . Amounts deposited in the trust funds established under paragraph
(1)shall remain available until expended. With respect to the amounts described in subparagraph (H)(i)(II) of section 309(j)(8) of the Communications Act of 1934 ( 47 U.S.C. 309(j)(8) ), as added by section 3 of this Act, the Commission shall deposit— one-third of those amounts, but not to exceed $12,500,000,000, in the Next Generation 9–1–1 Trust Fund; and any remaining amounts in the Digital Divide Trust Fund. The Commission shall use the amounts deposited in the Digital Divide Trust Fund for the deployment of— wireless broadband infrastructure in areas that the Commission has determined are underserved or unserved with respect to wireless broadband internet access service, including areas located on trust land or used to deliver services to Native Americans; wired broadband infrastructure in areas that the Commission has determined are underserved or unserved with respect to wired broadband internet access service, including areas located on trust land or used to deliver services to Native Americans; and broadband infrastructure to support other technologies, including telehealth, telemedicine, e-government, and educational opportunities at home. Not earlier than January 1, 2023, the Commission shall conduct a rulemaking to determine how to implement paragraph (1). The Commission may not obligate any amounts from the Digital Divide Trust Fund under paragraph
(1)until the Commission has completed the rulemaking under clause
(i)of this subparagraph. The amounts provided under paragraph
(1)are not intended to supplant, or be commingled with, the funds collected by the Commission and distributed through any program established under section 254 of the Communications Act of 1934 ( 47 U.S.C. 254 ). The National 911 Program overseen by the National Telecommunications and Information Administration and the National Highway Traffic Safety Administration shall use the amounts deposited in the Next Generation 9–1–1 Trust Fund for the deployment of Next Generation 9–1–1 services.
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Sec. 4
Trust Funds
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