47-U.S.C.-1427

§1427 – Initial Funding For The First Responder Network Authority

Pathway

Title 47 > Chapter 13 > Subchapter II > Section 1427

Details

• Reference: Section 1427
• Legend: §1427 – Initial Funding For The First Responder Network Authority
• USCode Year: 2013

Provision Content

(a) Borrowing authority

Prior to the deposit of proceeds into the Public Safety Trust Fund from the incentive auctions to be carried out under section 309(j)(8)(G) of this title or the auction of spectrum pursuant to section 1451 of this title, the NTIA may borrow from the Treasury such sums as may be necessary, but not to exceed $2,000,000,000, to implement this subchapter. The NTIA shall reimburse the Treasury, without interest, from funds deposited into the Public Safety Trust Fund.

(b) Prohibition

(1) In general

Administrative expenses of the First Responder Network Authority may not exceed $100,000,000 during the 10-year period beginning on February 22, 2012.

(2) Definition

For purposes of this subsection, the term administrative expenses does not include the costs incurred by the First Responder Network Authority for oversight and audits to protect against waste, fraud, and abuse.

(Pub. L. 112–96, title VI, §6207, Feb. 22, 2012, 126 Stat. 215.)

References in Text

Section 1451, referred to in subsec. (a), was in the original section 6401 and means section 6401 of Pub. L. 112–96, which enacted section 1451 of this title and amended section 309 of this title.

U.S. Encyclopedia of Law Coverage

47-U.S.C.-1412 in the Legal Encyclopedia: Safety

In this entry about 47-U.S.C.-1412, find legal reference material, bibliographies and premiere content related to safety in the American Encyclopedia of Law, presenting a comprehensive view of the United States safety-specific issues, written by authorities in the field.

Topic Map

• Browse the Topic Map in relation with Title 47 (Telecommunications) guided by subject interests.