Launching Our Communities' Access to Local Television Act of 2000

[AI summary unavailable — showing source text] Launching Our Communities' Access to Local Television Act of 2000 - Establishes the Local Television Loan Guarantee Board to approve or disapprove loan guarantees under this Act. Allows loan guarantees to be approved only to the extent provided for in advance in appropriations Acts. Requires such loans to be used to finance the means by which local television broadcast signals will be delivered to an unserved or underserved area, with a loan priority for unserved areas. Prohibits the Board from approving a loan which will serve one of the 40 most populated designated market areas. Limits: (1) each loan guarantee to 70 percent of the total cost of a project; and (2) the aggregate value of all loan guarantees to$1.25 billion. Requires the Administrator of the Rural Utilities Service to administer all loan guarantees approved under this Act. Requires loan applicants to enter into stipulated performance schedules with respect to the local television signals to be provided through the project. Outlines procedures governing loan application and credit requirements, default procedures, and recovery of payments for breach of conditions. Authorizes the Board to charge and collect a loan gua…