May 28, 1999

U.S. Appeals Court Frees $62-Million NSF Fund for Internet Development

By JEFFREY R. YOUNG

A U.S. appeals court has ruled that the money in a $62-million Internet-development fund was collected legally. That's good news for the National Science Foundation, which has already promised to spend the money on network-related projects at dozens of universities.

From 1995 through 1997, a portion of the registration fee for every Internet address was deposited into the fund under an agreement between the

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