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S.1023 - Digital Opportunity Investment Trust Act

A bill to provide for the establishment of a Digital Opportunity Investment Trust. view all titles (2)

All Bill Titles

  • Short: Digital Opportunity Investment Trust Act as introduced.
  • Official: A bill to provide for the establishment of a Digital Opportunity Investment Trust. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
05/12/05
 
 
 
 
 
 
 

Official Summary

Digital Opportunity Investment Trust Act - Establishes 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 Septe

Official Summary

Digital Opportunity Investment Trust Act - Establishes 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. Obligates specified amounts for public television stations.

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