H.R.4882 - Federal Government - To ensure broadcast station licenses are utilized to serve the public interest.

Broadcast Licensing in the Public Interest Act - Amends the Communications Act of 1934 to require, as a part of broadcast station license renewal, that a station demonstrate it's dedication to civic affairs, local news, local programming, elections, and educational programming for children.

Decreases the term of new and renewal licenses from eight to three years.