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119-s-792119th CongressWALLET

Government Spectrum Valuation Act

Sponsored By: Senator Lee, Mike [R-UT]

Introduced

Summary

Assign regular market values to federal electromagnetic spectrum holdings. This bill would require the National Telecommunications and Information Administration to estimate the value of spectrum held by federal entities in the 3 kilohertz to 95 gigahertz band.

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  • Every federal entity assigned covered-band spectrum would have to include NTIA's most recent estimated value in its annual financial statement and in the President's budget.
  • NTIA, consulting the Federal Communications Commission and the Office of Management and Budget, would produce initial estimates phased across three sub-bands and then update values every three years.
  • Estimates must reflect the value if the spectrum were reallocated for highest-value commercial wireless uses, allow consideration of federal mission needs, incorporate dynamic scoring when practicable, and publicly disclose methods with classified or proprietary exceptions and a classified annex for Members of Congress on request.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

NTIA to value federal radio spectrum

This bill would require the NTIA to estimate the value of federal radio spectrum from 3 kilohertz to 95 gigahertz. It would set three initial deadlines and then require updates every 3 years: 3 kHz–33 GHz within 1 year after enactment, 33–66 GHz within 2 years, and 66–95 GHz within 3 years. NTIA would work with the FCC and OMB and base values on what the spectrum would be worth if reallocated to the highest-potential licensed or unlicensed commercial wireless uses that lack access. To the greatest extent practicable, NTIA would use dynamic scoring methods and could consider commercial needs while keeping spectrum needed for Federal missions. NTIA would publicly explain how it calculated each value, but classified, law-enforcement-sensitive, or proprietary details would go in a classified annex for Members of Congress on request. Federal agencies holding covered spectrum would need to include the most recent NTIA-estimated value in materials for the President's budget and in their annual financial statements under 31 U.S.C. 1105 and 3515.

Sponsors & CoSponsors

Sponsor

Lee, Mike [R-UT]

UT • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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