S. 553 · 117th Congress

Government Spectrum Valuation Act

Stage
In committee
Sponsor
Mike Lee
Introduced
2021-03-03
Latest action
2021-03-03 · Introduced in Senate

Summary

Government Spectrum Valuation Act

This bill requires estimation of the value of federal electromagnetic spectrum.

Specifically, the bill requires (1) the National Telecommunications and Information Administration, in consultation with the Federal Communications Commission and the Office of Management and Budget, to estimate the value of spectrum assigned or allocated to each federal agency; and (2) each agency to report, in its annual budget and financial statement, the estimated value of the spectrum that has been assigned or allocated to it.