The Federal Spectrum Incentive Act, (HR-3674),...
The Federal Spectrum Incentive Act, (HR-3674), “would reduce discretionary costs by $8 million over the 2015-2019 period” and “increase net direct spending by $30 million over the 2015-2024 period,” said a Congressional Budget Office analysis (http://1.usa.gov/1mUDdT9). Reps. Brett Guthrie, R-Ky.,…
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and Doris Matsui, D-Calif., introduced the bill last year, which cleared the House Commerce Committee in December. The legislation proposes allowing federal agencies to receive a portion of money back from the sale of spectrum they relinquish. “Because the money in the SRF [Spectrum Relocation Fund] generally remains available for a period of eight years, CBO anticipates each affected agency would receive a total of about $8 million from the SRF and that the Office of Management and Budget would record the use of budget authority in the budget when [spectrum] auction receipts are deposited,” CBO said. “Outlays would be recorded in the budget as expenses are incurred.” Pay-as-you-go procedures would apply, CBO added.