S. 2319 · 114th Congress
A bill to amend the Communications Act of 1934.
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
ThuneSponsorNo cosponsors.
The deposits of successful bidders must be credited to the deposit fund of the Treasury, unless existing exceptions apply.
What it does: CRS summary · Reported to Senate without amendment · Aug 30, 2016
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
(Sec. 1) This bill amends the Communications Act of 1934 to require any deposits that the Federal Communications Commission may require for the qualification of bidders in a system of competitive bidding for spectrum licenses to be deposited directly in the Treasury instead of in an interest bearing account at a financial institution. The bill removes a provision that requires the interest accrued to such a financial institution account to be dedicated for the sole purpose of deficit reduction.
The deposits of successful bidders must be credited to the deposit fund of the Treasury, unless existing exceptions apply.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A bill to amend the Communications Act of 1934.
Latest action (Aug 30, 2016): Placed on Senate Legislative Calendar under General Orders. Calendar No. 579.
Policy area: Science, Technology, Communications · Origin: Senate · Introduced: Nov 19, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.