A bill to amend the Board for International Broadcasting Act of 1973 to authorize appropriations for fiscal year 1977 and to require the President to submit to the Congress a report on more effective utilization of overseas broadcasting facilities.

Decreases from seven to six the number of members of the Board for International Broadcasting. Authorizes the appropriation of $58,385,000 to carry out the Board for International Broadcasting Act through fiscal year 1977. Specifies that $5,000,000 of such funds shall be available, as necessary, for downward fluctuations in foreign currency exchange rates.

Directs the President to submit a report to the Congress, not later than January 31, 1977, which shall include the following: (1) recommendations outlining steps to be taken to more effectively utilize the transmission facilities for international broadcasting; (2) an examination of the feasibility of greater cooperation with foreign countries to insure mutally efficient use of nationally owned transmission facilities for international broadcasting; (3) an outline of projected needs for United States international broadcasting operations; and (4) recommendations concerning steps to be taken to extend broadcasting operations.