Investing in America's Digital Infrastructure Act
A BILL
To amend the Communications Act of 1934 to direct the Federal Communications Commission to conduct a public auction of the C-band, and for other purposes.
Sec. 2 Definitions
Sec. 3 Public auction of C-band spectrum
“(H) Certain proceeds designated for Digital Divide Trust Fund—Notwithstanding subparagraph (A) and except as provided in subparagraph (B), the proceeds (including deposits and upfront payments from successful bidders) from the use of a system of competitive bidding under this subsection pursuant to section 3 of the Investing in America's Digital Infrastructure Act shall be deposited in the Digital Divide Trust Fund established under section 4 of the Investing in America's Digital Infrastructure Act.”
Sec. 4 Digital Divide Trust Fund
Sec. 5 C-Band Reimbursement Fund
Sec. 6 Spectrum auction participation
“(19) Prohibition on auction participation by entities posing a national security risk
“(A) In general—An entity posing a national security risk may not participate in any system of competitive bidding under this subsection.
“(B) Definition
“(i) In general—For purposes of this paragraph, the term entity posing a national security risk means an entity that the Commission determines poses a national security risk.
“(ii) Determination—In determining which entities qualify as entities posing a national security risk under this paragraph, the Commission may rely solely upon a determination by—
“(I) an appropriate national security agency;
“(II) an interagency body that includes appropriate national security expertise, including the Federal Acquisition Security Council established under section 1322 of title 41, United States Code;
“(III) Congress; or
“(IV) the Secretary of Commerce under the program established under Executive Order 13873 (84 Fed. Reg. 22689; relating to securing information and communications technology and services supply chain) or by an agency under any successor program.”