Government Spectrum Valuation Act
Government Spectrum Valuation Act
Plain Language Summary
# Government Spectrum Valuation Act Summary **What the bill would do:** This bill requires the government to regularly assess and assign dollar values to the radio frequencies (spectrum) that federal agencies use for communications. Agencies would then be required to report these spectrum values in their annual budgets and financial reports, similar to how they report other assets. **Who it affects:** Federal agencies that use spectrum for operations (like the military, FAA, and weather services) would be required to track and disclose spectrum values.
The National Telecommunications and Information Administration (NTIA) would handle the valuation process. **Key provision:** The main requirement is that NTIA periodically estimate spectrum values and agencies must publicly report these values alongside their other financial information. **Current status:** The bill is currently in committee and has not yet been voted on by the full Senate.
CRS Official Summary
Government Spectrum Valuation Act This bill requires the National Telecommunications and Information Administration (NTIA) to periodically estimate the value of specified electromagnetic spectrum that is allocated to federal agencies.Each federal agency that is assigned or allocated a portion of that spectrum must include the most recent estimated value of its spectrum, as determined by NTIA, in its annual budget and financial statements.
Latest Action
Read twice and referred to the Committee on Commerce, Science, and Transportation.