; and (B) promote digital literacy. (9) According to the Commission, approximately 70 percent of teachers in the United States assign homework that requires access to broadband internet access service. (10) Research has shown that teenagers who have access to home computers are 6 to 8 percent more likely to graduate from high school than teenagers who do not have access to home computers. (11) The homework gap affects students in both rural and urban communities. (12) Ensuring that students have access to broadband internet access service will reduce the digital divide and can help reduce economic, educational, and social inequalities. 3. Homework Gap Trust Fund (a) Establishment; purpose There is established in the Treasury of the United States a fund to be known as the Homework Gap Trust Fund — (1) which shall be administered by the Commission; and (2) the purpose of which is to provide funding for measures that help to— (A) close the digital divide; and (B) promote digital equality with respect to school-aged children. (b) Deposit of proceeds Notwithstanding any provision of section 309(j) of the Communications Act of 1934 ( 47 U.S.C. 309(j) ), not less than $2,000,000,000 and not more than $4,000,000,000 of the proceeds received from systems of competitive bidding conducted with respect to the use of the C-band shall be deposited in the Homework Gap Trust Fund. (c) Use of Homework Gap Trust Fund amounts The Commission shall use the amounts in the Homework Gap Trust Fund to fund measures that seek to ensure that all students in the United States have access to broadband internet access service at home, including by— (1) purchasing any necessary equipment for that purpose; and (2) providing those students with hotspot devices. (d) Report Not later than 1 year after the date of enactment of this Act, and annually thereafter, the Commission shall submit to Congress a report regarding, for the year covered by the report— (1) the number of recipients of funding provided under subsection (c)