Broadband Reserve Fund: C-Band Auction Proceeds for Internet Access
This act establishes a special fund to receive money from the C-band radio spectrum auction. These funds are intended to improve high-speed internet access, support remote learning, aid minority communities, and enhance network security, but their specific use requires further Congressional approval. Citizens may experience improved internet access and digital services in the future.
Key points
Creation of a Broadband Reserve Fund, financed with $65 billion from the C-band auction.
Funds may be used for broadband deployment in unserved areas, remote learning, digital equity for minorities, and telecommunications supply chain security.
Specific uses of the funds require additional acts of Congress, meaning the fund is ready, but its impact on citizens' lives depends on future decisions.
Any unused funds after 2030 will be used for deficit reduction.
Expired
Additional Information
Print number: 117_S_592
Sponsor: Sen. Wicker, Roger F. [R-MS]
Process start date: 2021-03-04