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S. 2881, 5G Spectrum Act of 2019 (CBO Report for Congress)

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Congress 116th
Date Requested Dec. 11, 2019
Requested By Senate Committee on Commerce, Science, and Transportation
Date Sent Feb. 24, 2020
Description:
The bill would Direct the Federal Communications Commission (FCC) to conduct an auction of licenses to use a portion of the electromagnetic spectrum Authorize the FCC to spend some of the auction proceeds, without further appropriation, to compensate current users of the frequencies and for programs to support the deployment of broadband infrastructure in rural areas Direct the FCC to issue rules regarding the spending of 911 fees collected by states and other jurisdictions Impose public- and private-sector mandates by preempting certain state and local laws Estimated budgetary effects would primarily stem from Increasing the government’s gross auction receipts Authorizing the FCC to spend 60 percent of the auction proceeds Areas of significant uncertainty include Identifying what the terms and conditions for a C-band auction would be under current law Projecting the market value of licenses Estimating the timing of receipt collections from auctions under current law and under the bill  

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