Promoting Diversification of Ownership in the Broadcasting Services

The Office of Management and Budget (OMB) has approved, for a period of three years, the information collection requirements contained in Federal Communications Commission Form 303­S.

The form changes were approved on February 2, 2011. The FCC Order adopted rule changes designed to expand opportunities for participation in the broadcasting industry by new entrants and small businesses, including minority- and women-owned businesses. Consistent with actions taken by the Commission in the Order, the following changes are made to FCC Form 303­S: The instructions have been revised to incorporate a definition of "eligible entity," which will apply to the Commission’s existing Equity Debt Plus (‘‘EDP’’) standard, one of the standards used to determine whether interests are attributable. Section II includes a new certification for licensees to certify that their advertising sales agreements do not discriminate on the basis of race or ethnicity and that all such agreements held by the licensee contain nondiscrimination clauses.