3.0.0 1661 2019-11-15T21:18:50Z 2019-11-15T21:18:50Z House H HR 2005-04-14 109 hsif00 Energy and Commerce Committee House Standing hsif16 Communications and Technology Subcommittee Referred to 2005-04-22T15:30:52Z Referred to 2005-04-14T14:01:00Z hssm00 Small Business Committee House Standing Referred to 2005-04-14T14:00:50Z 2005-04-22 hsif16 Communications and Technology Subcommittee 1 House committee actions Referred to the Subcommittee on Telecommunications and the Internet, for a period to be subsequently determined by the Chairman. Committee 2005-04-15 Sponsor introductory remarks on measure. (CR E662-663) IntroReferral B00100 9 Library of Congress 2005-04-14 Referred to the Committee on Small Business, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2005-04-14 Referred to the Committee on Small Business, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2005-04-14 Referred to the Committee on Small Business, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2005-04-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-04-14 Introduced in House IntroReferral 1000 9 Library of Congress R000515 Rep. Rush, Bobby L. [D-IL-1] BOBBY RUSH D IL L. 1 N Science, Technology, Communications Auctions Capital investments Commerce Congress Congressional reporting requirements Data banks Economics and Public Finance Equipment and supplies Executive reorganization Federal officials Federally-guaranteed loans Finance and Financial Sector Government Operations and Politics Government lending Government paperwork Government statistics Government trust funds Interest rates Law Licenses Liens Loan defaults Minorities Minority business enterprises Radio spectrum allocation Small Business Administration Small business Telecommunication industry Television frequency allocation Science, Technology, Communications 00 2005-04-14 Introduced in House 2005-05-11T19:02:55Z Amends the Small Business Act to establish within the Small Business Administration (SBA) an Associate Administrator for Telecommunications Finance (Associate Administrator) to supervise and manage SBA financing in the area of telecommunications. Authorizes the Associate Administrator to approve SBA loan guarantees with respect to Federal Communications Commission (FCC) spectrum licenses (for radio and television broadcasting) acquired in the secondary market. Establishes a Telecommunications Finance Office.

Establishes the Telecommunications Spectrum Installment Loan Program to: (1) make direct loans to qualified telecommunications borrowers (borrowers) for the acquisition of spectrum licenses through FCC auction; and (2) guarantee loans to borrowers for telecommunications equipment and working capital in connection with spectrum license acquisitions.

Establishes the Telecommunications Accelerated Certified Lender Program for the guarantee by certified lenders of loans made to borrowers for: (1) the acquisition of spectrum licenses through either FCC auction or the secondary market; and (2) telecommunications equipment and working capital in connection with spectrum license acquisitions. Requires certified lenders to be insured depository institutions approved by the SBA.

Amends the Communications Act of 1934 to: (1) establish the Telecommunications Loan Guarantee Fund for financing loans authorized under this Act; and (2) require the FCC, with respect to FCC spectrum auctions, to accept from a borrower a letter of credit in lieu of any upfront payment or other earnest money required by FCC regulation.

]]> To amend the Small Business Act and the Communications Act of 1934 to increase participation by small businesses in spectrum auctions conducted by the Federal Communications Commission. Display Title To amend the Small Business Act and the Communications Act of 1934 to increase participation by small businesses in spectrum auctions conducted by the Federal Communications Commission. Official Title as Introduced To amend the Small Business Act and the Communications Act of 1934 to increase participation by small businesses in spectrum auctions conducted by the Federal Communications Commission. Introduced in House 2005-04-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr1661ih/xml/BILLS-109hr1661ih.xml 2005-04-22 Referred to the Subcommittee on Telecommunications and the Internet, for a period to be subsequently determined by the Chairman. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.