,,ii #aafth ,,congress #ast ,session ,s4 #afbf ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #bb1 #bjai,mr4 ,lee introduced the following bill2 which was read twice and referred to the ,committee on ,commerce1 ,science1 and ,transportation ,a ,,bill ,to require the ,national ,telecommunications and ,information ,administration to estimate the value of electromagnetic spectrum assigned or otherwise allocated to ,federal entities4 #a4 ,short title ,this ,act may be cited as the ,government ,spectrum ,valuation ,act of #bjai4 #b4 ,estimate of value of electromagnetic spectrum 7a7 ,in general ,part ,a of the ,national ,telecommunications and ,information ,administration ,organization ,act 7#dg ,u4,s4,c4 #ija et seq47 is amended-- 7#a7 by redesignating section #aje 7#dg ,u4,s4,c4 #ijd7 as section #ajf2 and 7#b7 by inserting after section #ajd 7#dg ,u4,s4,c4 #ijc7 the following3 #aje4 ,estimate of value of electromagnetic spectrum 7a7 ,definitions ,in this section-- 7#a7 the term covered band means the band of frequencies between #c kilohertz and #ie gigahertz2 7#b7 the term ,federal entity has the meaning given the term in section #aac7l72 and 7#c7 the term ,,omb means the ,office of ,management and ,budget4 7b7 ,estimates required ,the ,,ntia1 in consultation with the ,commission and ,,omb1 shall estimate the value of electromagnetic spectrum in the covered band that is assigned or otherwise allocated to each ,federal entity as of the date of the estimate1 in accordance with the schedule under subsection 7c74 7c7 ,schedule ,the ,,ntia shall conduct the estimates under subsection 7b7 for the frequencies between-- 7#a7 #c kilohertz and #cc gigahertz not later than #a year after the date of enactment of this section1 and every #c years thereafter2 7#b7 #cc gigahertz and #ff gigahertz not later than #b years after the date of enactment of this section1 and every #c years thereafter2 and 7#c7 #ff gigahertz and #ie gigahertz not later than #c years after the date of enactment of this section1 and every #c years thereafter4 7d7 ,basis for estimate 7#a7 ,in general ,the ,,ntia shall base each value estimate under subsection 7b7 on the value that the electromagnetic spectrum would have if the spectrum were reallocated for the use with the highest potential value of licensed or unlicensed commercial wireless services that do not have access to that spectrum as of the date of the estimate4 7#b7 ,consideration of ,government capabilities ,in estimating the value of spectrum under subsection 7b71 the ,,ntia may consider the spectrum needs of commercial interests while preserving the spectrum access necessary to satisfy mission requirements and operations of ,federal entities4 7#c7 ,dynamic scoring ,to the greatest extent practicable1 the ,,ntia shall incorporate dynamic scoring methodology into the value estimate under subsection 7b74 7#d7 ,disclosure 7,a7 ,in general ,subject to subparagraph 7,b71 the ,,ntia shall publicly disclose how the ,,ntia arrived at each value estimate under subsection 7b71 including any findings made under paragraph 7#b7 of this subsection4 7,b7 ,classified1 law enforcement-sensitive1 and proprietary information ,if any information involved in a value estimate under subsection 7b71 including any finding made under paragraph 7#b7 of this subsection1 is classified1 law enforcement-sensitive1 or proprietary1 the ,,ntia-- 7i7 may not publicly disclose the classified1 law enforcement-sensitive1 or proprietary information2 and 7ii7 shall make the classified1 law enforcement-sensitive1 or proprietary information available to any ,member of ,congress1 upon request1 in a classified annex4 7e7 ,agency report on value of electromagnetic spectrum ,a ,federal entity that has been assigned or otherwise allocated use of electromagnetic spectrum within the covered band shall report the value of the spectrum as most recently estimated under subsection 7b7-- 7#a7 in the budget of the ,federal entity to be included in the budget of the ,united ,states ,government submitted by the ,president under section #aaje of title #ca1 ,united ,states ,code2 and 7#b7 in the annual financial statement of the ,federal entity required to be filed under section #ceae of title #ca1 ,united ,states ,code4 4 7b7 ,technical and conforming amendments ,section #ajc7;b7 of the ,national ,telecommunications and ,information ,administration ,organization ,act 7#dg ,u4,s4,c4 #ijb7;b77 is amended-- 7#a7 in paragraph 7#a71 by striking section #aje7;d7 and inserting section #ajf7;d72 and 7#b7 in paragraph 7#b71 in the matter preceding subparagraph 7,a71 by striking section #aje7;d7 and inserting section #ajf7;d74