47 U.S.C. § 1427 — Initial funding for the First Responder Network Authority
submitted 14 years ago by Pub. L. 112-96 to r/title-47-TELECOMMUNICATIONS · 142 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
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.
Administrative expenses of the First Responder Network Authority* may not exceed $100,000,000 during the 10-year period beginning on February 22, 2012.
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.
Source credit: (Pub. L. 112–96, title VI, § 6207, Feb. 22, 2012, 126 Stat. 215.)
- 2012Enacted · Pub. L. 112-96 · 126 Stat. 215
A history note hasn’t been published yet. The record shows enactment by Pub. L. 112-96 on 2012-02-22.
all 0 arguments · sorted by: best
no arguments yet — make the first case