Children's Fair Advertising Practices Act

[AI summary unavailable — showing source text] Children's Fair Advertising Practices Act - Title I: National Council on Children and Advertising - Creates a National Council on Children and Advertising. Provides for the membership of such Council. Makes it the duty of such Council: (1) to conduct a thorough and objective analysis and examination of the effects of advertisements and advertising practices on children; (2) to determine the extent, if any, to which types of advertisements and advertising practices may be misleading or deceptive to or may induce hazardous conduct by children; and (3) to report its findings and recommendations to the President, the Congress, the Federal Trade Commission, and the Federal Communications Commission not later than 18 months after the appointments to the Council are confirmed by the Senate. Authorizes the appropriation of such sums as may be necessary to carry out the purposes of this title. Title II: Regulatory Authority - Directs the Federal Communications Commission and the Federal Trade Commission, within six months after receiving any recommendations for regulatory action from the Council, to adopt rules for the implementation of each such recommendation pursuant to and within the li…