A bill to amend the Communications Act of 1934 so as to provide for the regulation of the broadcasting of certain major sporting events in the public interest.

[AI summary unavailable — showing source text] Provides that no person may present a major sporting event to the public by means of any type of electronic medium unless a permit has been issued by the Federal Communications Commissioner. Sets forth standards that an applicant for such a permit must satisfy. Provides that any person who presents a major sports event in violation of this Act shall forfeit to the United States a sum of money not in excess of the gross receipts with respect to such event by such person.…