United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2004-10-15 monographic deposited born digital 8 p. GA 1.13:GAO-05-18R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-18R P0b002ee18037ebbe f:d0518r DGPO 2010-08-12 2011-03-24 GAOREPORTS-GAO-05-18R machine generated eng fdlp REPORT GAOREPORTS-GAO-05-18R GAO-05-18R Television and television stations Government guaranteed loans Appropriated funds Loans to localities Television broadcasting Locally administered programs Local governments Program management Public assistance programs Satellites LOCAL Television Loan Guarantee Program Correspondence A13093 In December 2000, the Congress passed the Launching Our Communities' Access to Local Television Act of 2000 (Local TV Act or act). The act created the Local Television Loan Guarantee Program (Program) and established the Local Television Loan Guarantee Board (Board) to finance projects that will provide access to signals of local television stations to households in areas with limited or no access to such signals from a commercial satellite service or other multichannel video provider. The Board may approve loan guarantees up to 80 percent of loans totaling no more than $1.25 billion in aggregate. In November 2001, the Congress appropriated $2 million for administrative expenses to implement the Program. Section 1006 of the act requires that we perform an annual audit of the (1) administration of the provisions of the act, and (2) financial position of each applicant who receives a loan guarantee under the act, including the nature, amount, and purpose of investments made by the applicant. In October 2003, we issued our first annual report as required by the act. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-18R/html/GAOREPORTS-GAO-05-18R.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-18R/pdf/GAOREPORTS-GAO-05-18R.pdf GAO-05-18R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-18R Correspondence GAO-05-18R; Local Television Act: Status of Spending for Fiscal Year 2003; Television and television stations Government guaranteed loans Appropriated funds Loans to localities Television broadcasting Locally administered programs Local governments Program management Public assistance programs Satellites LOCAL Television Loan Guarantee Program Volume 114 Page 2762A-128 Volume 114 Page 2762A-128-137 114 Stat. 2762A-128 114 Stat. 2762A-128-137 Volume 115 Page 704 115 Stat. 704 Volume 117 Page 26 117 Stat. 26 Public Law 106-553 Public Law 107-76