A bill to amend the Communications Act of 1934 to provide that licenses for the operation of a broadcasting station shall be issued for a term of five years, and to establish certain rules for the consideration of applications for renewal of broadcast licenses.

Provides that licenses for the operation of any class of station including broadcasting stations shall be issued for a term of five years.

States that in any hearing involving an application for renewal of a broadcast licence an applicant for renewal who is legally, financially, and technically qualified shall be awarded the grant if such applicants shows: (1) that its broadcast service during the preceding license period has reflected a good-faith effort to serve the needs and interests of its area; and (2)that it has not demonstrated a callous disregard for law or the Commission's regulations. (Amends 47 U.S.C. 307 (d), 309 (e))