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DTV Coupon Program: $490 Million Left

The National Telecommunications & Information Administration did not use the extra funding provided in the stimulus package for DTV-to-analog converter box coupons, some $490 million. The upshot: The agency has returned to the Treasury $241.6 million left over from the DTV-to-analog coupon program.

That money has been divided up by Congress and applied to HR 3326, the just-passed Defense appropriations bill ($128 million), and HR 2847, a jobs bill ($111 million) that is technically an appropriations bill for Commerce, Justice, Science and related agencies. (NTIA is part of the Commerce Department). The unused $250 million goes back into a DTV public safety fund.

Read the whole story at Broadcasting & Cable »

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