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S 1854 108th Congress Senate

Digital Opportunity Investment Trust Act

Official title: A bill entitled the "Digital Opportunity Investment Trust Act".

Introduced: November 12, 2003 See on congress.gov
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 12, 2003
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Nov 12, 2003
Introduced in Senate
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 Latest action November 12, 2003

Read twice and referred to the Committee on Commerce, Science, and Transportation.

 Plain-English summary Congressional Research Service
Digital Opportunity Investment Trust Act - Establishes the Digital Opportunity Investment Trust (the Trust), which shall receive 30 percent of the cash payment received by the Federal Government each fiscal year quarter through FY 2020 from auctions of the publicly owned electromagnetic spectrum and fees derived from the use of such spectrum.

Establishes a Board to oversee administration of Trust funds.

Establishes a Director of the Trust. Provides authorized Trust uses.

Allows the Director of the Trust to award contracts and grants to nonprofit public institutions (with or without private partners) for innovative and experimental ideas and techniques to enhance learning and achieve specified related goals.

Directs the Director to invest funds of the Trust in U.S. interest bearing or U.S.-guaranteed obligations.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Durbin, Richard J.
Illinois · Nov 12, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1854: Digital Opportunity Investment Trust Act. 108th Congress. Open America. https://openamerica.io/bill/108-S-1854/
MLA
"S. 1854: Digital Opportunity Investment Trust Act." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-S-1854/.
Bluebook (legal)
S. 1854, 108th Cong. (2026), https://openamerica.io/bill/108-S-1854/.
Markdown link
[S. 1854: Digital Opportunity Investment Trust Act](https://openamerica.io/bill/108-S-1854/)
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