102 STAT. 3208 PUBLIC LAW 100-626—NOV. 7, 1988

"(C) The Secretary of the Treasury shall make available and
disburse to the Corporation, at the beginning of fiscal year 1991 and
of each succeeding fiscal year thereafter, such funds as have been
appropriated to the Satellite Interconnection Fund for the fiscal
year in which such disbursement is to be made.

"(D) Notwithstanding any other provision of this subsection
except paragraphs (4), (5), (8), and (9), all funds appropriated to the
Satellite Interconnection Fund and interest thereon—

"(i) shall be distributed by the Corporation to the licensees
and permittees of noncommercial educational television broad-
cast stations providing public telecommunications services or
the national entity they designate for satellite interconnection
purposes and to those public telecommunications entities
participating in the public radio satellite interconnection
system or the national entity they designate for satellite inter-
connection purposes, exclusively for the capital costs of the
replacement, refurbishment, or upgrading of their national sat-
ellite interconnection systems and associated maintenance of
such systems; and

"(ii) shall not be used for the administrative costs of the
Corporation, the salaries or related expenses of Corporation
personnel and members of the Board, or for expenses of consult-
ants and advisers to the Corporation/'.

Reports. (b) On or before March 1, 1990, the Corporation for Public Broad-

47 USC 396 note, casting, on behalf of the public radio and public television licensees
and permittees (or their designated representatives), shall submit to
Congress a report by such licensees or permittees (or their rep-
resentatives) detailing the satellite replacement needs of public
radio and public television, the difference in cost between leasing
satellite transponder capacity and buying such capacity, and the
availability of private sector rather than Federal financing.

FINDING WITH RESPECT TO CERTAIN PROGRAMMING

SEC. 5. Section 396(a) of the Communications Act of 1934 (47 U.S.C.
396(a)) is amended—

(1) by redesignating paragraphs (6) and (7) as paragraphs (7)
and (8), respectively; and

(2) by inserting immediately after paragraph (5) the following
new paragraph:

"(6) it is in the public interest to encourage the development
of programming that involves creative risks and that addresses
the needs of unserved and underserved audiences, particularly
children and minorities;".

EXERCISE OF BUSINESS JUDGMENT BY CORPORATION

SEC. 6. Section 396(gX2)(B)(ii) of the Communications Act of 1934
(47 U.S.C. 396(g)(2)(B)(ii)) is amended by striking "contract or".

ALLOCATION OF CORPORATION FUNDING

SEC. 7. (a) Section 396(k)(3)(A)(i) of the Communications Act of
1934 (47 U.S.C. 396(kX3XA)(i)) is amended—

(1) by amending subclause (I) to read as follows:
"(I) $10,200,000 shall be available for the administrative ex-
penses of the Corporation for fiscal year 1989, and for each
succeeding fiscal year the amount which shall be available for