Public Telecommunications Act of 1981

[AI summary unavailable — showing source text] Public Telecommunications Act of 1981 - Amends the Communications Act of 1934 to reduce the membership of the Board of Directors of the Corporation for Public Broadcasting from 15 to seven. Makes the President of the Corporation the Chairman of the Board. Reduces the term of office of each member from six to five years. Requires meetings of the Board to take place in Washington, D.C. Requires the Board members to elect annually a Vice Chairman (rather than a Chairman). Increases the rate of daily compensation, but places a ceiling on the amount of compensation any member may receive in any one fiscal year. Prohibits any Corporation officer except a Vice Chairman from receiving any compensation from any source other than the Corporation for services rendered during such officer's employment by the Corporation. Sets forth the purposes and authorized activities of the Corporation. Grants access to space satellite interconnection facilities or services to certain public telecommunications entities for the transmission of public audio and video programs. Eliminates the Public Broadcasting Fund and the formula for matching non-Federal financial support for the Corporation with authorized…