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This bill increases funding for the Federal Communications Commission's (FCC) program to replace communications equipment from untrusted vendors, appropriates new funds for that program, and requires the FCC to re-auction certain spectrum licenses. Sec. 2, Additional "rip and replace" funding: The bill raises the funding cap for the FCC's "rip and replace" program from $1,900,000,000 to $4,980,000,000. Sec. 3, Appropriation of funds: The bill appropriates $3,080,000,000 from the Treasury for fiscal year 2024 to the FCC to carry out the "rip and replace" program, with the funds available until spent. Sec. 4, FCC Auction 97 reauction of certain licenses; completion of reauction: The bill requires the FCC to start a competitive bidding process within one year to grant licenses for spectrum in the AWS-3 bands, and to complete the auction, including payments and license grants, regardless of whether the FCC's auction authority has expired.
Summary of the bill text as introduced in Senate (Mar 21, 2024), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.
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Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.