[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. 1330 Introduced in Senate (IS)]


104th CONGRESS
  1st Session
                                S. 1330

    To make available without fiscal year limitation the offsetting 
       collections of the Federal Communications Commission for 
                   electromagnetic spectrum auctions.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            October 18, 1995

  Mr. McCain introduced the following bill; which was read twice and 
   referred to the Committee on Commerce, Science, and Transportation

_______________________________________________________________________

                                 A BILL


 
    To make available without fiscal year limitation the offsetting 
       collections of the Federal Communications Commission for 
                   electromagnetic spectrum auctions.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Spectrum Auction Offsetting 
Collection Availability Act''.

SEC. 2. AVAILABILITY OF FUNDS FROM SPECTRUM AUCTIONS.

    Section 309(j)(8)(B) of the Communications Act of 1934 (47 U.S.C. 
309(j)(8)(B)) is amended by inserting after the second sentence the 
following new sentence: ``Such offsetting collections shall remain 
available until expended.''.
                                 <all>