TITLE V—EXTENSION OF FCC 
AUCTION AUTHORITY 
SEC. 501. EXTENSION OF FCC AUCTION AUTHORITY. 
(a) IN GENERAL.—Section 309(j)(11) of the Commu-
nications Act of 1934 (47 U.S.C. 309(j)(11)) is amended 
by striking ‘‘September 30, 2022’’ and inserting ‘‘March 31, 
2024’’. 
(b) DEPOSIT OF PROCEEDS.— 
(1) IN
GENERAL.—Notwithstanding subpara-
graphs (A), (C)(i), (D), and (G)(iii) of section 
309(j)(8) of the Communications Act of 1934 (47 
U.S.C. 309(j)(8)) and except as provided in subpara-
graph (B) of such section, the proceeds (including de-
posits and upfront payments from successful bidders) 
of any system of competitive bidding described in 
paragraph (2) (in this paragraph referred to as the 
‘‘covered proceeds’’) shall be deposited as follows: 
(A) In the case of covered proceeds attrib-
utable to eligible frequencies described in sub-
section (g)(2) of section 113 of the National Tele-
communications and Information Administra-
tion Organization Act (47 U.S.C. 923), such 
amount of such proceeds as is necessary to cover 
the relocation or sharing costs (as defined in sub-
section (g)(3) of such section) of Federal entities 
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(as defined in subsection (l) of such section) relo-
cated from or sharing such eligible frequencies 
shall be deposited in the Spectrum Relocation 
Fund established under section 118 of such Act 
(47 U.S.C. 928). Any remainder of such proceeds 
shall be deposited in the Public Safety and Se-
cure Networks Fund established by section 601 of 
this Act. 
(B) In the case of covered proceeds attrib-
utable to spectrum usage rights made available 
through an incentive auction under subpara-
graph (G) of section 309(j)(8) of the Commu-
nications Act of 1934 (47 U.S.C. 309(j)(8)), such 
proceeds shall be deposited in the Public Safety 
and Secure Networks Fund established by section 
601 of this Act. 
(C) Any other covered proceeds shall be de-
posited in the Public Safety and Secure Net-
works Fund established by section 601 of this 
Act. 
(2) SYSTEM
OF
COMPETITIVE
BIDDING
DE-
SCRIBED.—A system of competitive bidding described 
in this paragraph is any system of competitive bid-
ding under section 309(j) of the Communications Act 
of 1934 (47 U.S.C. 309(j)) that is concluded during 
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the period beginning on July 1, 2022, and ending on 
March 31, 2024, except for the system of competitive 
bidding required by section 101(b)(3)(A) of this Act. 
TITLE VI—PUBLIC SAFETY AND 
SECURE NETWORKS FUND 
SEC. 601. PUBLIC SAFETY AND SECURE NETWORKS FUND. 
(a) ESTABLISHMENT.—There is established in the 
Treasury of the United States a fund to be known as the 
‘‘Public Safety and Secure Networks Fund’’ (in this section 
referred to as the ‘‘Fund’’). 
(b) ACCOUNTING FOR FEDERAL BUDGET BASELINE.— 
(1) PROCEEDS OF AUCTION OF 2496–2690 MHZ 
BAND.—In the case of the proceeds of any system of 
competitive bidding under section 309(j) of the Com-
munications Act of 1934 (47 U.S.C. 309(j)) with re-
spect to the frequencies between 2496 megahertz and 
2690 megahertz, inclusive, that are deposited in the 
Fund as required by section 501(b) of this Act, the 
first $1,700,000,000 of such proceeds shall be depos-
ited in the general fund of the Treasury, where such 
amounts shall be dedicated for the sole purpose of def-
icit reduction. The remainder of such proceeds shall 
be available or deposited under subsection (c). 
(2) PROCEEDS OF REQUIRED AUCTION OF 3.1– 
3.45 GHZ BAND.—In the case of the proceeds of the 
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system of competitive bidding required by subpara-
graph (A) of section 101(b)(3) that are deposited in 
the Fund as required by subparagraph (D) of such 
section, the first $16,000,000,000 of such proceeds 
shall be deposited in the general fund of the Treasury, 
where such amounts shall be dedicated for the sole 
purpose of deficit reduction. The remainder of such 
proceeds shall be available or deposited under sub-
section (c). 
(c) USE OF FUNDS.—Except as provided in subsection 
(b), as amounts are deposited in the Fund, such amounts 
shall be available or deposited as follows: 
(1) $3,400,000,000 shall be available to the Fed-
eral Communications Commission until expended to 
make reimbursements under section 4 of the Secure 
and Trusted Communications Networks Act of 2019 
(47 U.S.C. 1603). 
(2) After the amount required to be made avail-
able by paragraph (1) is so made available, 
$10,000,000,000 shall be available to the Assistant 
Secretary of Commerce for Communications and In-
formation until expended to carry out title III of this 
Act and the amendments made by such title, except 
that not more than 4 percent of the amount made 
available by this paragraph may be used for adminis-
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trative purposes (including carrying out sections 160 
and 161 of the National Telecommunications and In-
formation Administration Organization Act, as added 
by such title). 
(3) After the amount required to be made avail-
able by paragraph (2) is so made available, 
$117,400,000 shall be available to the Assistant Sec-
retary of Commerce for Communications and Infor-
mation until expended to carry out section 120 of the 
National Telecommunications and Information Ad-
ministration Organization Act, as added by section 
401 of this Act. 
(4) After the amount required to be made avail-
able by paragraph (3) is so made available, any re-
maining amounts deposited in the Fund shall be de-
posited in the general fund of the Treasury, where 
such amounts shall be dedicated for the sole purpose 
of deficit reduction. 
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Union Calendar No. 335 
117TH CONGRESS 
2D SESSION 
H. R. 7624 
[Report No. 117–429] 
A BILL 
To make available additional frequencies in the 
3.1–3.45 GHz band for non-Federal use, shared 
Federal and non-Federal use, or a combination 
thereof, and for other purposes. 
JULY 22, 2022 
Reported with an amendment, committed to the Com-
mittee of the Whole House on the State of the Union, 
and ordered to be printed 
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