,,ii #aagth ,,congress #b;d ,session ,s4 #dhbj ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #ab1 #bjbb,mr4 ,lee 7for himself and ,mrs4 ,blackburn7 introduced the following bill2 which was read twice and referred to the ,committee on ,commerce1 ,science1 and ,transportation ,a ,,bill ,to auction spectrum and to authorize the ,federal ,communications ,commission to borrow funds from the ,treasury1 to be repaid out of auction proceeds1 to ensure rural communications providers have the resources to replace communications equipment and services to protect their networks from ,chinese ,communist ,party espionage4 #a4 ,short title ,this ,act may be cited as the ,protecting ,communications ,networks from ,chinese ,communist ,party ,espionage ,act4 #b4 ,spectrum auction 7a7 ,identification ,not later than #ba months after the date of enactment of this ,act1 the ,secretary of ,commerce1 in consultation with the ,secretary of ,defense1 the ,director of the ,office of ,science and ,technology ,policy1 and the ,federal ,communications ,commission 7referred to in this section as the ,commission7 shall submit to the ,president1 the ,commission1 and the relevant congressional committees 7as defined in section #ijjjh7;a7 of the ,infrastructure ,investment and ,jobs ,act 7#dg ,u4,s4,c4 #iba note2 ,public ,law #aag-eh77 a report that identifies #cej megahertz of electromagnetic spectrum between the frequencies of #cajj megahertz and #cdej megahertz1 inclusive1 to be reallocated by the ,commission through a system of competitive bidding under subsection 7b7 for non-,federal use or shared ,federal and non-,federal use1 or a combination thereof4 7b7 ,reallocation of spectrum through auction 7#a7 ,in general ,not later than #g years after the date of enactment of this ,act1 the ,commission shall-- 7,a7 notwithstanding paragraph 7#aa7 or 7#ae77;,a7 of section #cji7;j7 of the ,communications ,act of #aicd 7#dg ,u4,s4,c4 #cji7;j771 in coordination with the ,assistant ,secretary of ,commerce for ,communications and ,information1 conduct a system of competitive bidding under that section to award licenses for non-,federal use or shared ,federal and non-,federal use1 or a combination thereof1 of the band or bands of electromagnetic spectrum identified under subsection 7a72 and 7,b7 promulgate rules for the use of spectrum reallocated under subparagraph 7,a74 7#b7 ,auction proceeds to cover #aaj percent of ,federal relocation or sharing costs ,nothing in this subsection shall be construed to relieve the ,commission from the requirements under section #cji7;j77#af77;,b7 of the ,communications ,act of #aicd 7#dg ,u4,s4,c4 #cji7;j77#af77;,b774 7#c7 ,extension of auction authority ,section #cji7;j77#aa7 of the ,communications ,act of #aicd 7#dg ,u4,s4,c4 #cji7;j77#aa77 is amended by striking section #ijjjh7;b77#b77;,a77ii7 of the ,infrastructure ,investment and ,jobs ,act and inserting section #b7;a7 of the ,protecting ,communications ,networks from ,chinese ,communist ,party ,espionage ,act4 7c7 ,use of auction proceeds ,notwithstanding subparagraphs 7,a71 7,c77i71 and 7,d7 of section #cji7;j77#h7 of the ,communications ,act of #aicd 7#dg ,u4,s4,c4 #cji7;j77#h771 and except as provided in subparagraph 7,b7 of that paragraph1 the proceeds 7including deposits and upfront payments from successful bidders7 of competitive bidding under subsection 7b7 of this section 7in this subsection referred to as covered proceeds7 shall be deposited or available as follows3 7#a7 ,such amount of the covered proceeds as is necessary to cover #aaj percent of the relocation or sharing costs of ,federal entities relocated from or sharing the frequencies identified under subsection 7a7 shall be deposited in the ,spectrum ,relocation ,fund established under section #aah of the ,national ,telecommunications and ,information ,administration ,organization ,act 7#dg ,u4,s4,c4 #ibh74 7#b7 ,after the amount required to be deposited by paragraph 7#a7 of this subsection is so deposited1 the ,commission shall use such amounts as are necessary to reimburse the general fund of the ,treasury for any amounts borrowed under section 7d7 of this section4 7#c7 ,after compliance with paragraphs 7#a7 and 7#b7 of this subsection1 the ,commission shall deposit all remaining amounts in the general fund of the ,treasury for the sole purpose of deficit reduction4 7d7 ,,fcc borrowing authority ,the ,commission may borrow from the ,treasury of the ,united ,states an amount not to exceed #c1gjj1jjj1jjj to carry out the ,secure and ,trusted ,communications ,networks ,act of #bjai 7#dg ,u4,s4,c4 #afja et seq471 notwithstanding the limitation on expenditures under section #d7k7 of that ,act 7#dg ,u4,s4,c4 #afjc7k77 and provided that the ,commission shall not use any funds borrowed under this subsection in a manner that may result in outlays on or after ,september #cj1 #bjca4 7e7 ,relation to spectrum auction under ,infrastructure ,investment and ,jobs ,act ,paragraphs 7#b71 7#c71 and 7#d7 of section #ijjjh7;b7 of the ,infrastructure ,investment and ,jobs ,act 7#dg ,u4,s4,c4 #iba note2 ,public ,law #aag-eh7 are repealed4