Campaign Advertising Act

Campaign Advertising Act - Amends the Communications Act of 1934 to: (1) limit the cost to qualified candidates of broadcasting time for pre-election political advertising to the lowest charge of the station for the same amount of time for the same time of day and day of the week; (2) prohibit any broadcast licensee from preempting the use of any such time purchased and paid for by a qualified candidate, unless the program during which the advertisement was scheduled to appear is preempted due to circumstances beyond the control of the broadcaster; (3) reduce the pre-election period during which the lowest charge is effective from 45 days to 30 days before primary elections and from 60 days to 45 days before general or special elections; and (4) specify that for purposes of calculating a station's lowest charge, broadcasters must consider the charges made during the 60-day period prior to a primary or primary runoff election and during the 90-day period before a general or special election.