The Middle Class Tax Relief and Job Creation Act of 2012

On February 22, 2012, President Obama signed the Middle Class Tax Relief and Job Creation Act of 2012 (Pub. L. No. 112-96) into law. Title VI of the law grants voluntary incentive auction authority to the FCC and establishes a nationwide interoperable public safety broadband network for first responders. The law allocates $7 billion from the auction revenues to fund the public safety broadband network build-out, up to $1.75 billion in relocation costs for broadcasters, and funds for public safety wireless research and Next-Generation 9-1-1 deployment.

TIA supported the passage of this landmark legislation, and believes that it will ensure certainty in the market, spur innovation and investment, and enhance public safety. TIA has long advocated for the policies included in the legislation, and we have supported the work that Congress, the White House, federal agencies and private industry have all done to enact and implement this much-needed legislation.

The benefits to the U.S. economy from this legislation cannot be underestimated. Hundreds of thousands of new jobs will be created and Americans will receive better broadband service, even as the auctions return a net profit to the U.S. Treasury. TIA and its members, the global manufacturers and suppliers of information and communications technology, are committed to working closely with the FCC, NTIA, and other agencies as they implement the legislation.

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