How C-Band Auction Revenues can Address the Digital Divide
Current law requires that spectrum auction proceeds are automatically deposited in the US Treasury, barring a few exceptions. Legislation would be required to direct C-Band auction proceeds to other causes, such as a transition fund or incentive payments to satellite operators. The Senate Commerce Committee approved a bill called the 5G Spectrum Act, which would direct at least 50% of C-Band auction proceeds to the Treasury and 10% to rural broadband.