Sen Lee Introduces Government Spectrum Valuation Act

Sen Mike Lee (R-UT) introduced the Government Spectrum Valuation Act, a bill designed to estimate the value of electromagnetic spectrum assigned to each federal agency as a first step towards meeting the nations spectrum needs. It would require over the next three years (and every three years thereafter) that the National Telecommunications and Information Administration coordinate with the Office of Management and Budget and the Federal Communications Commission to estimate the value of electromagnetic spectrum between 3 kilohertz and 95 gigahertz for licensed or unlicensed uses that is assigned or allocated to each federal agency as well as report the value in Presidents budget and each federal agency’s statement. “The United States is in the midst of a ‘virtual renaissance’ that is full of opportunities for innovation that could transform the quality of life for millions of Americans.” Sen Lee said. “The Government Spectrum Valuation Act will help us better make decisions on how to free up the radio frequency we need to make this future a reality.”