3.0.0 887 2023-01-11T13:27:47Z 2023-01-11T13:27:47Z Senate S 2015-03-26 114 sscm00 Commerce, Science, and Transportation Committee Senate Standing Referred to 2015-03-27T00:08:23Z Federal Spectrum Incentive Act of 2015 114 1641 HR 2015-12-02 Forwarded by Subcommittee to Full Committee by Voice Vote . Related bill CRS Reducing Employer Burdens, Unleashing Innovation, and Labor Development Act of 2015 114 3682 HR 2016-09-30 Referred to the Subcommittee on Research and Technology. Related bill CRS 2015-03-26 sscm00 Commerce, Science, and Transportation Committee Senate Read twice and referred to the Committee on Commerce, Science, and Transportation. IntroReferral 2015-03-26 Introduced in Senate IntroReferral 10000 9 Library of Congress M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. N F000463 Sen. Fischer, Deb [R-NE] Deb Fischer R NE 2015-03-26 True Science, Technology, Communications Appropriations Broadcasting, cable, digital technologies Budget deficits and national debt Government information and archives Government trust funds Telephone and wireless communication Science, Technology, Communications 00 2015-03-26 Introduced in Senate 2015-05-01T21:01:13Z Federal Spectrum Incentive Act of 2015

Amends the National Telecommunications and Information Administration Organization Act to allow federal entities that utilize government station licenses to participate in the incentive auction program under which licensees of electromagnetic spectrum voluntarily relinquish their spectrum rights in order for such spectrum to be auctioned for a repurposed commercial use in exchange for a percentage of the auction proceeds.

Permits such federal entities, instead of being reimbursed for the costs of sharing frequencies with nonfederal users or relocating to other frequencies as provided for under current law, to receive a percentage of the proceeds from spectrum it relinquishes for auction by electing to: (1) discontinue operations on eligible frequencies without relocating to other frequencies, or (2) relocate operations to frequencies assigned to another federal entity in order for such entities to share frequencies.

Establishes in the Treasury a Federal Spectrum Incentive Fund to be administered by the Office of Management and Budget (OMB) in consultation with the National Telecommunications and Information Administration.

Requires 1% of the proceeds from such auctions to be deposited in such Fund and the remainder to be deposited in the general fund of the Treasury for the sole purpose of deficit reduction.

Directs OMB to transfer from the Fund to a federal entity a specified amount attributable to the auction of frequencies vacated by such entity. Permits federal entities to use such amounts for: (1) any purposes permitted under the terms and conditions of an appropriations account for which budgetary resources were canceled for a fiscal year under a sequestration order under the Balanced Budget and Emergency Deficit Control Act of 1985, provided that the amount used does not exceed the amount by which the account was reduced under the sequestration order for such fiscal year; or (2) a transfer of amounts to an incumbent federal entity for such purposes when the federal entity relinquishing spectrum relocates its operations to frequencies assigned to another federal entity in order to share frequencies.

]]> Federal Spectrum Incentive Act of 2015 Display Title Federal Spectrum Incentive Act of 2015 Official Title as Introduced A bill to amend the National Telecommunications and Information Administration Organization Act to provide incentives for the reallocation of Federal Government spectrum for commercial use, and for other purposes. Introduced in Senate IS Short Titles as Introduced Federal Spectrum Incentive Act of 2015 Introduced in Senate 2015-03-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s887is/xml/BILLS-114s887is.xml 2015-03-26 Read twice and referred to the Committee on Commerce, Science, and Transportation. 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.