; (2) by inserting or cable system after broadcasting station ; and (3) by striking his candidacy and inserting the candidacy of the candidate, under the same terms, conditions, and business practices as apply to the most favored advertiser of the licensee . (d) Technical and conforming amendments Section 315 of the Communications Act of 1934 ( 47 U.S.C. 315 ) is amended— (1) in subsection (f), as redesignated by subsection (b)(1)— (A) in the matter preceding paragraph (1), by striking For purposes of this section— and inserting the following: Definitions .—For purposes of this section: ; (B) in paragraph (1)— (i) by striking the term and inserting Broadcasting station .—The term ; and (ii) by striking ; and and inserting a period; and (C) in paragraph (2), by striking the terms and inserting Licensee; station licensee .—The terms ; and (2) in subsection (g), as redesignated by subsection (b)(1), by striking The Commission and inserting Regulations .—The Commission . 202. Broadcast rates for participating candidates Section 315(b) of the Communications Act of 1934 ( 47 U.S.C. 315(b) ), as amended by section 201, is amended— (1) in paragraph (1)(A), by striking paragraph (2) and inserting paragraphs (2) and (3) ; and (2) by adding at the end the following: (3) Participating candidates In the case of a participating candidate (as defined in section 501(9) of the Federal Election Campaign Act of 1971), the charges made for the use of any broadcasting station for a television broadcast shall not exceed 80 percent of the lowest charge described in paragraph (1)(A) during— (A) the 45 days preceding the date of a primary or primary runoff election in which the candidate is opposed; and (B) the 60 days preceding the date of a general or special election in which the candidate is opposed. (4) Rate cards A licensee shall provide to a candidate for Senate a rate card that discloses— (A) the rate charged under this subsection