The FCC should work with the White House to see how...
The FCC should work with the White House to see how tax certificates for selling media properties to minorities “could be worked into legislation to incentivize broadcasters to participate in spectrum auctions,” the Minority Media and Telecom Council said. Representatives…
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met with FCC Chief of Staff Eddie Lazarus, MMTC said in a filing posted Friday to docket 09-182 (http://xrl.us/bk9g72). “A significant portion of the Commission’s research efforts should be used to research the Diversity Committee’s recommendation on creating an Overcoming Disadvantages Preference and completing disparity studies,” it said of the agency’s panel. The group also asked the regulator to relax foreign ownership policies, to “provide struggling broadcasters with capital and open the door for potential reciprocal investment in other countries.” The minority tax certificate program was rescinded by Congress in 1995, over concerns it was abused.