(a) "Advertisement" defined
For purposes of this section, the term "advertisement" means any
message or other programming material which is broadcast or
otherwise transmitted in exchange for any remuneration, and which
is intended -
(1) to promote any service, facility, or product offered by any
person who is engaged in such offering for profit;
(2) to express the views of any person with respect to any
matter of public importance or interest; or
(3) to support or oppose any candidate for political office.
(b) Offering of services, facilities, or products permitted;
(1) Except as provided in paragraph (2), each public broadcast
station shall be authorized to engage in the offering of services,
facilities, or products in exchange for remuneration.
(2) No public broadcast station may make its facilities available
to any person for the broadcasting of any advertisement.
(c) Use of funds from offering services, etc.
Any public broadcast station which engages in any offering
specified in subsection (b)(1) of this section may not use any
funds distributed by the Corporation under section 396(k) of this
title to defray any costs associated with such offering. Any such
offering by a public broadcast station shall not interfere with the
provision of public telecommunications services by such station.
(d) Development of accounting system
Each public broadcast station which engages in the activity
specified in subsection (b)(1) of this section shall, in
consultation with the Corporation, develop an accounting system
which is designed to identify any amounts received as remuneration
for, or costs related to, such activities under this section, and
to account for such amounts separately from any other amounts
received by such station from any source.