Page:United States Statutes at Large Volume 92 Part 2.djvu/1136

 92 STAT. 2416

PUBLIC LAW 95-567—NOV. 2, 1978

in paragraph (1) for the purpose of determining the amount of each authorization, and shall certify such amount to the Secretary of the Treasury, except that the Corporation may include in its certification non-Federal financial support received by a public broadcasting entity during its most recent fiscal year ending before September 30 of the year for which certification is made. Upon receipt of such certification, the Secretary of the Treasury shall make available to the Corporation, from such funds as may be appropriated to the Fund, the amount authorized for each of the fiscal years pursuant to the provisions of this subsection. "(B) Funds appropriated and made available under this subsection shall be disbursed by the Secretary of the Treasury on a quarterly basis, in such amounts as the Corporation certifies will be necessary to meet its financial obligations in the succeeding quarter. Reservation for "(3)(A) The Corporation shall reserve for distribution among the distribution. licensees and permittees of public television and radio stations an amount equal to— "(i) not less than 40 percent of the funds disbursed by the Corporation from the Fund under this section in each fiscal year in which the amount disbursed is $88,000,000 or more, but less than $121,000,000; "(ii) not less than 45 percent of such funds in each fiscal year in which the amount disbursed is $121,000,000 or more, but less than $160,000,000; and dt?. "(iii) not less than 50 percent of such funds in each fiscal year in which the amount disbursed is $160,000,000 or more. Annual budget, "(B)(i) The Corporation shall establish an annual budget accordestablishment. ing to which it shall make grants and contracts for production of public television or radio programs by independent producers and production entities and public telecommunications entities, for acquisition of such programs by public telecommunications entities, for interconnection facilities and operations, for distribution of funds among public telecommunications entities, and for engineering and programrelated research. A significant portion of funds available under the budget established by the Corporation under this subparagraph shall be used for funding the production of television and radio programs. Of such portion, a substantia] amount shall be reserved for distribution to independent producers and production entities for the production of programs. Funds, "(ii) All funds contained in the annual budget established by the distribution to Corporation under clause (i) shall be distributed to entities outside outside entities. the Corporation and shall not be used for the general administrative costs of the Corporation, the salaries or related expenses of Corporation personnel and members of the Board, or for expenses of consultants and advisers to the Corporation. " (iii) During each of the fiscal years 1981, 1982, and 1983, the annual budget established by the Corporation under claiise (i) shall consist of not less than 95 percent of the funds made available by the Secretary of the Treasury to the Corporation pursuant to paragraph (2)(A). "(iv) In determining the amount of funds which shall be made available for radio programming and operations under this subparagraph, the Corporation shall take into account the increased financial needs relating to radio programming and operations resulting from the expansion and development of noncommercial radio broadcast station facilities through the use of funds made available Ante, p. 2408. pursuant to section 393(d).

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