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Government Spectrum Valuation Act

Source: Congress.gov  ·  997 words in original text
This bill requires the National Telecommunications and Information Administration (NTIA) to estimate how much electromagnetic spectrum (the invisible waves used for wireless communication) that federal agencies use is worth. The NTIA must base these estimates on what that spectrum would be worth if private companies could use it instead.
- Federal agencies and departments that use electromagnetic spectrum - The National Telecommunications and Information Administration (NTIA) - The Federal Communications Commission - The Office of Management and Budget - Members of Congress - The public (through disclosure of estimates)
- The NTIA must estimate the value of electromagnetic spectrum frequencies between 3 kilohertz and 95 gigahertz that are assigned to federal entities, working with the Federal Communications Commission and Office of Management and Budget (Sec. 105(b)) - The NTIA must complete estimates for frequencies between 3 kilohertz and 33 gigahertz within one year of the law taking effect, then every three years; frequencies from 33 gigahertz to 66 gigahertz within two years, then every three years; and frequencies from 66 gigahertz to 95 gigahertz within three years, then every three years (Sec. 105(c)) - Value estimates must be based on what the spectrum would be worth if reallocated for commercial wireless services that do not currently have access to it (Sec. 105(d)(1)) - The NTIA must publicly disclose how it reached each value estimate, except for classified information, law enforcement-sensitive information, or proprietary information, which it can share with Congress in a classified document (Sec. 105(d)(4)) - Federal agencies that use spectrum must report the estimated value in their budgets and annual financial statements (Sec. 105(e))
If this becomes law, the federal government will have formal estimates of how much spectrum its agencies use is worth. Federal agencies will be required to include these spectrum value estimates in their official budget documents and financial reports to Congress.
- "Covered band": frequencies between 3 kilohertz and 95 gigahertz (Sec. 105(a)(1)) - "Federal entity": Not defined in this bill; refers to the definition in another section (Sec. 105(a)(2)) - "OMB": Office of Management and Budget (Sec. 105(a)(3))
Not specified in bill text
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.