Digital Opportunity Investment Trust Act
Last action on Jun 22, 2005Referred to the Subcommittee on Select Education.
Take Action
Summary
Digital Opportunity Investment Trust Act - Amends the Communications Act of 1934 to establish the Digital Opportunity Investment Trust, which shall receive 30 percent of the proceeds received by the federal government each fiscal year quarter through FY 2028 from any use of the publicly owned electromagnetic spectrum after September 30, 2007.
Establishes: (1) a Board to oversee administration of the Trust; and (2) a Director of the Trust.
Sets forth authorized Trust uses.
Lifecycle of the Bill
No events recorded for this stage yet.
