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H.R. 747 · 108th Congress

Telecommunications Development Fund Improvement Act of 2003

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

ETD TownsSponsor
2 cosponsors · 2 R

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Telecommunications Development Fund Improvement Act of 2003 - 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…

What it does: CRS summary · Introduced in House · Feb 12, 2003
Telecommunications Development Fund Improvement Act of 2003 - 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.

Makes this Act inapplicable to down payments of any successful bidder in the FCC's C and F block broadband personal communications service spectrum auction (known as auction 35) or related claims.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Telecommunications Development Fund Improvement Act of 2003

Latest action (Feb 26, 2003): Referred to the Subcommittee on Telecommunications and the Internet.

Policy area: Science, Technology, Communications · Origin: House · Introduced: Feb 12, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.