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Bill114th CongressFiled Nov 19, 2015Science, Technology, Communications
S. 2319

A bill to amend the Communications Act of 1934.

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary 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.

What just happenedAug 30, 2016

Placed on Senate Legislative Calendar under General Orders. Calendar No. 579.

Who’s behind it

Sen. Thune, John [R-SD](R-SD)Sponsor
Read on Congress.gov
1committees6actions1related bills7subjects
  1. Aug 30, 2016Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 579.

  2. Aug 30, 2016Committee

    Committee on Commerce, Science, and Transportation. Reported by Senator Thune under authority of the order of the Senate of 07/14/2016 without amendment. Without written report.

    Commerce, Science, and Transportation Committee
  3. Aug 30, 2016Committee14000

    Committee on Commerce, Science, and Transportation. Reported by Senator Thune under authority of the order of the Senate of 07/14/2016 without amendment. Without written report.

    Commerce, Science, and Transportation Committee
  4. Dec 9, 2015Committee

    Committee on Commerce, Science, and Transportation. Ordered to be reported without amendment favorably.

    Commerce, Science, and Transportation Committee
  5. Nov 19, 2015IntroReferral

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

    Commerce, Science, and Transportation Committee
  6. Nov 19, 2015IntroReferral10000

    Introduced in Senate

Reported to Senate without amendmentAug 30, 201680

(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.

Introduced in SenateNov 19, 2015

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.

A bill to amend the Communications Act of 1934. — Informed