House GOP offers spectrum bill

House Republicans today (Nov. 29) released their spectrum incentive auction bill, reports Broadcasting & Cable. It was introduced by Communications Subcommittee Chairman Greg Walden (R-Ore.) and is set to be marked up and voted on in the committee Thursday. It would authorize the Federal Communications Commission to reclaim spectrum from broadcasters for auction and compensate them from the proceeds. It also would compensate broadcasters not giving up spectrum for the costs of moving to another channel or sharing channels with another broadcaster, as well as the cost to cable operators of carrying the new signals. A Senate version of a spectrum auction bill has already passed out of the Commerce Committee.