Aldo Prosperi
CBO Scores HR 7624, the Spectrum Innovation Act of 2022
The Spectrum Innovation Act of 2022 (HR 7624) would modify and extend the authority of the Federal Communications Commission to auction licenses for the commercial use of the electromagnetic spectrum and authorize certain federal agencies to spend some auction proceeds without further appropriation. The Congressional Budget Office estimates that enacting the bill would reduce net direct spending by $2.5 billion over the 2022-2032 period. Outlays after 2032 would increase by approximately $2.4 billion.
CBO Scores Network Security Information Sharing Act of 2019
The Network Security Information Sharing Act (HR 4461) would require the Department of Homeland Security (DHS) to mitigate cybersecurity threats to suppliers of telecommunications services and equipment. Under the bill, the DHS would establish a program office to share information with trusted participants in the telecommunications industry about efforts by adversaries to embed malicious software into communications equipment purchased by American companies.