HR 1735
107th Congress
House
Telecommunications Development Fund Improvement Act
Official title: To amend the Communications Act of 1934 to improve operations of the Telecommunications Development Fund.
Science, Technology, Communications
Bank accountsCapital investmentsCommerceCompetitive bidding
More subjectsShow fewer subjects
Economics and Public FinanceFinance and Financial SectorGovernment Operations and PoliticsGovernment trust fundsInterestLawLicensesRadio spectrum allocationRadio stationsSmall business
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 15, 2001
Referred to the Subcommittee on Telecommunications and the Internet.
May 3, 2001
Referred to the House Committee on Energy and Commerce.
May 3, 2001
Introduced in House
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Latest action
Referred to the Subcommittee on Telecommunications and the Internet.
Plain-English summary
Telecommunications Development Fund Improvement Act - Amends the Communications Act of 1934 to require any down payment that the Federal Communications Commission (FCC) may require any bidder to submit before issuance of a station license or construction permit in a system of competitive bidding to be deposited in an interest-bearing account at a financial institution designated by the FCC. Requires, within 45 days following the issuance of such a license or permit: (1) the down payments of successful bidders to be paid to the Treasury; and (2) the interest accrued to the account to be transferred to the Telecommunications Development Fund.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
2
Cosponsors
1
Cite this page
U.S. Congress. (2026). H.R. 1735: Telecommunications Development Fund Improvement Act. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1735/
"H.R. 1735: Telecommunications Development Fund Improvement Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1735/.
H.R. 1735, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1735/.
[H.R. 1735: Telecommunications Development Fund Improvement Act](https://openamerica.io/bill/107-HR-1735/)