A public safety communications trust fund would be set up under a...
A public safety communications trust fund would be set up under a bill introduced Wednesday by Reps. Bart Stupak, D- Mich., Eliot Engel, D-N.Y., and Vito Fossella, R-N.Y. The bill calls for a nationwide interoperable communications system for first…
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responders, to be created with revenue from auction of 60 MHz of spectrum within the 700 MHz block. The bill would dedicate auction proceeds exceeding $11 billion to the trust fund, which would get up to $500 million a year from FY 2008 to 2010 to implement the program. After that, the fund would receive 50 percent of net revenue from future spectrum auctions conducted by the FCC. Stupak in a press statement predicted the bill would enjoy wide bipartisan support. NTIA would manage the trust fund, according to the bill.