(a)
Establishment— There is established in the Treasury of the United States a fund to be known as the “Radio Consumer Protection Fund”.
(b)
Authorization of Appropriations— There are authorized to be appropriated to the Radio Consumer Protection Fund such sums as may be necessary to carry out the purposes of the Radio Consumer Protection Fund.
(c)
Purposes; availability of funds— Amounts in the Radio Consumer Protection Fund shall be available to the Commission to make any payments to a broadcast radio station for costs that the station incurred resulting from the reorganization of broadcast television spectrum authorized under section 6403(b) of the Middle Class Tax Relief and Job Creation Act of 2012 (
47 U.S.C. 1452(b)).
(d)
Limitation— Amounts made available to the Commission under subsection (c) shall be available until the end of fiscal year 2022.
(e)
Unused funds returned to the general fund of the treasury— If any amounts remain in the Radio Consumer Protection Fund after the end of fiscal year 2022, the Secretary shall transfer such amounts to the general fund of the Treasury.