A bill to amend the Communications Act of 1934 to extend the authority of the Federal Communications Commission to grant a license or construction permit through a system of competitive bidding.

This bill would extend the Federal Communications Commission’s (FCC) legal authority to auction off licenses for the electromagnetic spectrum, which are the invisible airwaves used for wireless communications. By allowing these auctions to continue, the bill enables the government to sell rights to specific frequencies to telecommunications companies for the development of 5G networks and other wireless services. For the average citizen, this process is intended to promote faster cellular speeds and better coverage while generating billions of dollars in non-tax revenue for the federal government.