Public Telecommunications Financing Act

[AI summary unavailable — showing source text] Public Telecommunications Financing Act - Title I: Construction and Planning of Facilities - Amends the Communications Act of 1934 to establish new procedures for the planning and construction of public telecommunications facilities. Sets forth new requirements for the application to the Corporation for Public Broadcasting for construction grants. Authorizes the Secretary of Commerce, upon approving an application with respect to any project for the construction of public telecommunications facilities, to make a grant of up to 75 percent of the cost of such project. Authorizes the Secretary to provide such funds as the Secretary deems necessary for the planning of such projects. Provides for the repayment of such grants if the recipient station ceases to be used for public radio or television purposes. Requires the Secretary, in consultation with the Corporation for Public Broadcasting, to establish criteria for making construction and planning grants. Requires the Secretary to develop a long-rang plan to: (1) extend delivery of public telecommunications services to as many citizens of the United States as possible; (2) increase public telecommunications services and facilities ava…