Introduced today, the Government Spectrum Valuation Act requires the NTIA, OMB and FCC to determine the value of spectrum assigned or allocated to each federal agency.
“NCTA welcomes the introduction of the bipartisan Government Spectrum Valuation Act by Senators Lee and Markey today, which would require federal government agencies to account for the value of their spectrum resources. We applaud the bill’s recognition that the value of spectrum resources can be driven by their potential to be used for either licensed or unlicensed technologies, particularly given recent estimates that unlicensed technologies like Wi-Fi generated over $525 billion in value for the U.S. economy in 2017 alone.”