Public Broadcasting Amendments Act of 1981

Public Broadcasting Amendments Act of 1981 - Authorizes appropriations for the planning and construction of public telecommunications facilities for fiscal years 1982 through 1984. Permits facilities for which construction grants are being sought to be used for purposes other than the provision of public telecommunications services if such purposes do not interfere with the provision of such services. Limits to 50 percent of cost the amount of funds the Secretary of Commerce may provide for planning such facilities.

Authorizes the Corporation for Public Broadcasting to facilitate the development of telecommunications in which programs intended to serve diverse audiences are made available. Limits to 50 percent the amount the Corporation is authorized to provide for the operation of interconnection systems for fiscal year 1984 and subsequent fiscal years.

Requires the Corporation to submit its annual report to Congress in May rather than February.

Authorizes appropriations to the Public Broadcasting Fund for fiscal years 1984 through 1986. Directs the Corporation to reserve for distribution among the licensees and permittees of public television and radio stations not less than 50 percent of the monies disbursed from the Fund.

Permits any person to complain in writing that any licensee or permittee of any public broadcasting station did not hold open meetings with sufficient notice or that any such station did not establish a community advisory board. Prohibits the distribution of funds to offending entities.

Permits each noncommercial educational broadcasting station to engage in editorializing. Limits the Federal Communications Commission to the same control over program content or policies with regard to such stations as it holds over any other broadcasting licensee or permittee. Authorizes each public broadcast station to broadcast announcements using any business or institutional logogram at the beginning or end of regular programming. Authorizes any such station to engage in the offering of services, facilities, or products in exchange for remuneration. Prohibits the use of funds distributed by the Corporation for such purpose. Excludes the proceeds from such endeavors from the computation of non-Federal financial support for Corporation distribution purposes.

Directs the Corporation to study and submit to Congress within six months the options available to public telecommunications entities, the Public Broadcasting Service, and National Public Radio for the development of alternative sources of revenue.