A bill to amend the Communications Act of 1934 to provide that any use of a broadcasting station by candidates for the office of President or Vice President without the payment of any charge shall not be subject to the requirements of section 315 of such Act relating to equal broadcasting opportunities for political candidates.

Amends the Communications Act of 1934 to specify that any use of a broadcasting station by legally qualified candidates for the office of President or Vice President without the payment of any charge shall not be subject to the requirements of such Act relating to equal broadcasting opportunities for political candidates. Declares that the licensee involved in such broadcast shall not have any editorial control over the material unless such appearance is part of a bona fide newscast, news interview, news documentary, or on-the-spot coverage of news events.