Federal Communications Commission Authorization Act of 1995

[AI summary unavailable — showing source text] Federal Communications Commission Authorization Act of 1995 - Amends the Communications Act of 1934 (the Act) to authorize appropriations for the Federal Communications Commission (FCC) for FY 1996. Derives a portion of the sum of such appropriations in each fiscal year from an amount determined by the establishment and adjustment of application and regulatory fees under the Act. Directs the FCC to submit to the appropriate congressional committees and publish in the Federal Register semiannual reports specifying the reimbursements which the FCC has accepted from non-Federal sources for travel and related expenses of FCC employees. Amends the Federal Communications Commission Authorization Act of 1988 to authorize the FCC during FY 1996 to make grants to, or enter into cooperative agreements with, private nonprofit organizations designated under the Older Americans Act. Directs the FCC to modify, for FY 1996 and thereafter, the application fees so that total collections for the fiscal year equal $40 million plus the amount of necessary expenses for costs related to application processing which exceeds $40 million. Directs the FCC to notify the Congress of any proposed and adopted m…