can also support minority- and women-owned entrants into the broadcasting industry by implementing an incubator program in which existing licensees assist new entrants in the operation of broadcast stations. 4. FCC reports to Congress (a) Biennial report containing recommendations for increasing number of minority- and women-Owned broadcast stations Not later than 180 days after the date of enactment of this Act, and not less frequently than once every 2 years thereafter, the Commission shall submit to Congress a report containing recommendations for how to increase the total number of broadcast stations that are owned or controlled by members of minority groups or women, or by both members of minority groups and women. (b) Biennial report on number of minority- and women-Owned broadcast stations Not later than 180 days after the date of enactment of this Act, and not less frequently than once every 2 years thereafter, the Commission shall submit to Congress a report that identifies the total number of broadcast stations that are owned or controlled by members of minority groups or women, or by both members of minority groups and women, based on data reported to the Commission on Form 323 of the Commission. 5. Tax certificate program for broadcast station transactions furthering ownership by socially disadvantaged individuals (a) Requirements for issuance of certificate by FCC (1) In general Part I of title III of the Communications Act of 1934 ( 47 U.S.C. 301 et seq.) is amended by adding at the end the following: 344. Tax certificate program for broadcast station transactions furthering ownership by socially disadvantaged individuals (a) Definitions In this section: (1) Owned by socially disadvantaged individuals The term owned by socially disadvantaged individuals means, with respect to a broadcast station, that— (A) the station is at least 51 percent owned by 1 or more socially disadvantaged individuals, or, in the case of any publicly owned broadcast station, at least 51 percent of the stock of such station