Sec. 501. Extension of FCC auction authority
343 words·~2 min read·
/bill/117/hr/7624/rh/section-501A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 309(j)(11) of the Communications Act of 1934 ( 47 U.S.C. 309(j)(11) ) is amended by striking September 30, 2022 and inserting March 31, 2024 . Notwithstanding subparagraphs (A), (C)(i), (D), and (G)(iii) of section 309(j)(8) of the Communications Act of 1934 ( 47 U.S.C. 309(j)(8) ) and except as provided in subparagraph
(B)of such section, the proceeds (including deposits and upfront payments from successful bidders) of any system of competitive bidding described in paragraph
(2)(in this paragraph referred to as the covered proceeds ) shall be deposited as follows: In the case of covered proceeds attributable to eligible frequencies described in subsection (g)(2) of section 113 of the National Telecommunications and Information Administration Organization Act ( 47 U.S.C. 923 ), such amount of such proceeds as is necessary to cover the relocation or sharing costs (as defined in subsection (g)(3) of such section) of Federal entities (as defined in subsection
(l)of such section) relocated from or sharing such eligible frequencies shall be deposited in the Spectrum Relocation Fund established under section 118 of such Act ( 47 U.S.C. 928 ). Any remainder of such proceeds shall be deposited in the Public Safety and Secure Networks Fund established by section 601 of this Act. In the case of covered proceeds attributable to spectrum usage rights made available through an incentive auction under subparagraph
(G)of section 309(j)(8) of the Communications Act of 1934 ( 47 U.S.C. 309(j)(8) ), such proceeds shall be deposited in the Public Safety and Secure Networks Fund established by section 601 of this Act. Any other covered proceeds shall be deposited in the Public Safety and Secure Networks Fund established by section 601 of this Act. A system of competitive bidding described in this paragraph is any system of competitive bidding under section 309(j) of the Communications Act of 1934 ( 47 U.S.C. 309(j) ) that is concluded during the period beginning on July 1, 2022, and ending on March 31, 2024, except for the system of competitive bidding required by section 101(b)(3)(A) of this Act.
Connectionstraces to 3
Traces to 3 documents
Citation graph
cites case law
Cites 3Cited by 0 across 0 sources