[Congressional Record Volume 167, Number 42 (Friday, March 5, 2021)]
[Senate]
[Pages S1381-S1382]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1360. Mr. LEE submitted an amendment intended to be proposed to 
amendment SA 891 proposed by Mr. Schumer (for himself, Mr. Wyden, Mrs. 
Murray, Mr. Brown, Mr. Peters, Mr. Cardin, Ms. Cantwell, Ms. Stabenow, 
Mr. Tester, Mr. Menendez, Mr. Schatz, Mr. Carper, Mr. Leahy, and Mr. 
Sanders) to the bill H.R. 1319, to provide for reconciliation pursuant 
to title II of S. Con. Res. 5; which was ordered to lie on the table; 
as follows:

        At the appropriate place in title VII, insert the 
     following:

     SEC. ____. SPECTRUM REALLOCATION.

       (a) Definition.--In this section, the term ``net 
     proceeds'', with respect to the use of a system of 
     competitive bidding under section 309(j) of the 
     Communications Act of 1934 (47 U.S.C. 309(j)), means the 
     proceeds remaining after subtracting all auction-related 
     expenditures, including--
       (1) relocation payments, including accelerated relocation 
     payments;
       (2) payments to incumbent licensees for the relinquishment 
     of all or a portion of the spectrum usage rights of those 
     licensees;
       (3) costs associated with the reallocation of spectrum, 
     whether on an exclusive or shared use basis;
       (4) relocation or sharing costs, including for planning for 
     relocation or sharing; and
       (5) bidding credits.
       (b) Identification of Spectrum.--The Assistant Secretary of 
     Commerce for Communications and Information shall identify 
     not less than 150 megahertz of electromagnetic spectrum that 
     the Federal Communications Commission can reallocate for 
     licensed and unlicensed use in accordance with subsection 
     (c)(1), including sufficient spectrum to generate not less 
     than $10,000,000,000 in net proceeds through an auction 
     described in subsection (c)(1)(A).
       (c) Reallocation.--
       (1) In general.--Not later than July 31, 2024, of the band 
     or bands of electromagnetic spectrum identified under 
     subsection (b), the Federal Communications Commission shall--
       (A) conduct a system of competitive bidding under section 
     309(j) of the Communications Act of 1934 (47 U.S.C. 309(j)) 
     to award licenses for commercial use of half of the spectrum; 
     and
       (B) make half of the spectrum available for unlicensed use.
       (2) Use of proceeds for relocation or sharing costs.--
     Notwithstanding section

[[Page S1382]]

     309(j)(8)(D)(i) of the Communications Act of 1934 (47 U.S.C. 
     309(j)(8)(D)(i)), in the case of proceeds attributable to the 
     auction under paragraph (1)(A) of this subsection of any 
     eligible frequencies described in paragraph (2) of section 
     113(g) of the National Telecommunications and Information 
     Administration Organization Act (47 U.S.C. 923(g)), only the 
     portion of the proceeds as is necessary to cover the 
     relocation or sharing costs (as defined in paragraph (3) of 
     such section 113(g)) of Federal entities relocated from those 
     eligible frequencies shall be deposited in the Spectrum 
     Relocation Fund established under section 118 of the National 
     Telecommunications and Information Administration 
     Organization Act (47 U.S.C. 928).
                                 ______