,,ii  #aag? ,,congress  #a/ ,session    
,s4 #eib  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,m>* #d1 #bjba,mr4     
,wick] 7= himself & ,mrs4 ,blackburn7   
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,comm]ce1 ,sci5ce1 & ,transportation  ,a
 ,,bill  ,to e/abli% a res]ve fund = !  
proce$s ( ! ,c-b& auction conduct$ by ! 
,f$]al ,communications ,commission4  #a4
 ,%ort title ,?is ,act may be cit$ z !  
,broadb& ,res]ve ,fund ,act ( #bjba4    
#b4 ,broadb& & connectivity res]ve fund 
7a7 ,def9itions ,9 ?is section-- 7#a7 ! 
t]m ,assi/ant ,secret>y means !         
,assi/ant ,secret>y ( ,comm]ce =        
,communications & ,in=mation2 &  7#b7 ! 
t]m ,commission means ! ,f$]al          
,communications ,commission4  7b7       
,e/abli%m5t ( res]ve fund  7#a7 ,9 g5]al
 ,!re is e/abli%$ 9 ! ,treasury ( !     
,unit$ ,/ates a fund to be kn[n z !     
,broadb& ,res]ve ,fund 7ref]r$ to 9 ?is 
section z ! ,fund74  7#b7 ,availability 
7,a7 ,9 g5]al ,am\nts deposit$ 9 ! ,fund

 %all rema9 available ?r\gh fiscal ye>  
#bjcj4  7,b7 ,use = deficit r$uction    
,any am\nts rema9+ 9 ! ,fund aft] ! end 
( fiscal ye> #bjcj %all be deposit$ 9 ! 
g5]al fund ( ! ,treasury = ! sole       
purpose ( deficit r$uction4  7c7 ,use ( 
fund  7#a7 ,9 g5]al ,subject to p>agraph
 7#b7-- 7,a7 am\nts 9 ! ,fund %all be   
available = use by ! ,commission2 &     
7,b7 ! ,commission-- 7i7 %all res]ve n  
less ?an #bj p]c5t ( ! am\nts 9 ! ,fund 
= use by ! ,assi/ant ,secret>y2 &  7ii7 
%all transf] ! am\nts res]v$ "u clause  
7i7 to ! ,assi/ant ,secret>y ^u reque/4 
7#b7 ,limitation ,! ,commission & !     
,assi/ant ,secret>y may n access or use 
am\nts 9 ! ,fund = any purpose unless   
specifically au?oriz$ by an ,act (      
,congress enact$ aft] ! date ( enactm5t 
( ?is ,act4  7#c7 ,s5se ( ,congress     
reg>d+ p]missible uses ( ,fund ,x is !  
s5se ( ,congress t ,congress %\ld enact 
fur!r legislation specify+ ! purposes = 
:i* am\nts 9 ! ,fund may be us$1 :i* may
 include-- 7,a7 broadb& deploym5t to    

uns]v$ areas2  7,b7 di/ance & remote    
le>n+2  7,c7 digital equity & exp&+     
broadb& access 9 m9ority communities &  
on ,tribal l&2  7,d7 secur+ !           
telecommunications supply *a92  7,e7    
promot+ spectrum effici5cy2  7,f7       
inve/m5t 9 public safety communications 
infra/ructure2  7,g7 precision          
agriculture te*nologies2 &  7,h7        
teleheal? te*nologies4  7d7 ,inve/m5t   
,am\nts 9 ! ,fund %all be inve/$ 9      
accordance ) section #igjb ( title #ca1 
,unit$ ,/ates ,code1 & any int]e/ on1 & 
proce$s f1 any su* inve/m5t %all be     
cr$it$ to1 & become a "p (1 ! ,fund4    
7e7 ,deposit ( ,c-,b& spectrum auction  
proce$s 9 ,fund ,section #cji7;j77#h7 ( 
! ,communications ,act ( #aicd 7#dg     
,u4,s4,c4 #cji7;j77#h77 is am5d$-- 7#a7 
9 subp>agraph 7,a71 by /rik+ & 7,g7 &   
ins]t+ 7,g71 & 7,h72  7#b7 9 subp>agraph
 7,c77i71 by /rik+ & 7,g7 & ins]t+ 7,g71
 & 7,h72 &  7#c7 by add+ at ! end !     
foll[+3  7,h7 ,c-b& auction proce$s     
,not)/&+ subp>agraph 7,a71 & except z   

provid$ 9 subp>agraph 7,b71 ( ! proce$s 
7includ+ deposits & upfront paym5ts f   
successful bidd]s7 f ! use ( a sy/em (  
competitive bidd+ "u ?is subsection to  
aw>d lic5ses 9 ! b& ( frequ5cies betwe5 
#cgjj megah]tz & #cihj megah]tz         
7designat$ by ! ,commission z ,auction  
#ajg71 #fe1jjj1jjj1jjj %all be deposit$ 
9 ! ,broadb& ,res]ve ,fund e/abli%$ "u  
section #c ( ! ,broadb& ,res]ve ,fund   
,act ( #bjba4  4