Two members of a House communications panel last week introduced legislation designed to ease federal auctions of spectrum.
The Spectrum Auction Deposits Act, authored by Reps. Brett Guthrie, R-Ky., and Doris Matsui, D-Calif., would enable the Federal Communications Commission to partner with the Treasury Department to hold the deposits of those bidding in spectrum auctions in escrow.
“This legislation will allow the FCC to continue to conduct auctions so we can unlock the spectrum necessary to deploy current and next-generation broadband networks across rural America and beyond,” Matsui said.
Both lawmakers serve on the Communications and Technology Subcommittee as well as co-chair the Congressional Spectrum Caucus. Wireless industry group CTIA endorsed the measure and called for “quick passage.”
“As our economy and society as a whole become more and more digitized, freeing up spectrum waves is crucial for innovation and new technology,” Guthrie said.
Filed Under: Telecommunications (Spectrum)