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Government Radio Spectrum Valuation: Increased Transparency and Potential Benefits.

This new law requires government agencies to estimate the value of the radio spectrum they use. This aims to better understand the worth of these resources and could lead to more efficient use, potentially impacting the quality of wireless services available to citizens.
Key points
Government agencies will regularly value the radio spectrum they use, increasing transparency in resource management.
Valuation will be based on the spectrum's potential commercial worth, potentially highlighting opportunities for better use in wireless services.
Information on spectrum value will be publicly available, excluding sensitive data, allowing citizens to track how these valuable resources are managed.
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Additional Information
Print number: 117_S_553
Sponsor: Sen. Lee, Mike [R-UT]
Process start date: 2021-03-03