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