HR 1735
107th Congress
House
Science, Technology, Communications
Bank accounts
Capital investments
Commerce
Competitive bidding
Economics and Public Finance
Finance and Financial Sector
Government Operations and Politics
Government trust funds
Interest
Law
Licenses
Radio spectrum allocation
Radio stations
Small business
Telecommunications Development Fund Improvement Act
Introduced: May 3, 2001
See on congress.gov
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
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.
What's happening now
Referred to the Subcommittee on Telecommunications and the Internet.
Committees of jurisdiction
2
Cosponsors
1