Satellite Public Education and Information Act of 1987

Satellite Public Education and Information Act of 1987 - Amends the Communications Act of 1934 to prohibit the encryption of any satellite broadcast program intended for private viewing if the production or broadcasting is subsidized by the Government.

Defines a program or broadcast as subsidized by the Government if: (1) tax-derived funds defray any part of the cost of producing the program; (2) tax-derived sources have paid for at least part of the broadcast's direct cost; (3) tax-exempt organizations provide any direct grant or other payment for defraying production or broadcasting costs; or (4) tax-exempt organizations produce or broadcast the program.