To direct the Secretary of Transportation to make grants to States for the construction and maintenance of highways, to direct the Federal Communications Commission to conduct spectrum auctions to provide funding for the grants, and for other purposes.
Infrastructure Improvement Act of 1997 - Directs the Federal Communications Commission to conduct competitive bidding for licenses and permits for portions of the public electromagnetic spectrum allocated for commercial use that become available for licenses and construction during FY 1998 through 2002 and that result in specified proceeds.
Requires such proceeds to be deposited into the Infrastructure Improvement Trust Fund established by this Act. Makes such funds available to the Secretary of Transportation to be apportioned among the States during FY 1998 through 2002 based on the percentage of estimated tax payments attributable to highway users in a State paid into the Highway Trust Fund for the latest fiscal year. Permits such funds to be used only for the construction and maintenance of State highways. Allows a State to be eligible for such funds only if it submits annually to the Secretary a plan describing its use of such funds.
Requires a Federal share of 80 percent of the total cost of a project or activity conducted using funds apportioned under this Act.
Introduced in House
Introduced in House
Referred to House Commerce
Referred to the Committee on Commerce, and in addition to the Committees on Transportation and Infrastructure, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Transportation and Infrastructure
Referred to House Ways and Means
Referred to the Subcommittee on Telecommunications, Trade, and Consumer Protection.
Referred to the Subcommittee on Surface Transportation.
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