; or (B) with respect to which the Federal Communications Commission shares with a licensee a portion of the proceeds, as described in paragraph (8)(G) of such section 309(j). (b) Deposit of proceeds Notwithstanding subparagraphs (A), (C)(i), (D), and (G)(iii) of section 309(j)(8) of the Communications Act of 1934 ( 47 U.S.C. 309(j)(8) ) and except as provided in subparagraph (B) of such section, the proceeds (including deposits and upfront payments from successful bidders) from any covered auction shall be deposited or available as follows: (1) In the case of proceeds attributable to eligible frequencies described in subsection (g)(2) of section 113 of the National Telecommunications and Information Administration Organization Act ( 47 U.S.C. 923 ), such amount of such proceeds as is necessary to cover 110 percent of the relocation or sharing costs (as defined in subsection (g)(3) of such section) of Federal entities (as defined in subsection (l) of such section) relocated from or sharing such eligible frequencies shall be deposited in the Spectrum Relocation Fund established under section 118 of such Act ( 47 U.S.C. 928 ). Any remaining proceeds after making the deposit described in this paragraph shall be deposited in accordance with section 602 of this Act. (2) In the case of proceeds attributable to spectrum usage rights made available through an incentive auction under subparagraph (G) of section 309(j)(8) of the Communications Act of 1934 ( 47 U.S.C. 309(j)(8) ), such amount of such proceeds as the Federal Communications Commission has agreed to share with licensees under such subparagraph shall be shared with such licensees. Any remaining proceeds after making the deposit described in this paragraph shall be deposited in accordance with section 602 of this Act. (3) Any remaining proceeds after carrying out paragraphs (1) and (2) shall be deposited in accordance with section 602 of this Act. 602. Spectrum Auction Trust Fund (a) Establishment There is established in the Treasury of the United States a fund