S.Amdt. 1359

SA 1359. 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 AUCTION.

(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 100 megahertz of electromagnetic spectrum that
the Federal Communications Commission can auction for
commercial purposes by July 31, 2024, to generate not less
than $10,000,000,000 in net proceeds.
(c) Auction.--
(1) In general.--Not later than July 31, 2024, the Federal
Communications Commission shall 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 in the band or bands of electromagnetic spectrum
identified under subsection (b) for commercial purposes.
(2) Use of proceeds for relocation or sharing costs.--
Notwithstanding section 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) 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).
(d) Broadband Infrastructure Deployment in Unserved
Areas.--The Federal Communications Commission shall use the
net proceeds of the auction conducted under subsection (c)(1)
for the deployment of broadband infrastructure to areas in
the United States that the Commission has determined lack
access to both--
(1) fixed broadband internet access service; and
(2) mobile broadband internet access service.
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