WASHINGTON, DC - House Energy and Commerce Committee Chairman Greg Walden (R-OR) released the following statement regarding the Federal Communications Commission’s allocation of $742 million to reimburse TV stations as they relocate to new channels after the successful incentive auction.
“This latest allocation, made possible by RAY BAUM’S Act, demonstrates how Congress is upholding our commitment to broadcasters across the country, and expands access for FM radio stations and FM translators. It’s critical that we provide reimbursement for those broadcasters who were displaced after the successful incentive auctions. Importantly, new relocation funds appropriated by the RAY BAUM’S Act will be allocated over two years, $600 million for 2018, $400 million for 2019, ensuring continued support for broadcasters."
