SECTION 1. Amended Rates of Political Propaganda. - Section 11 of Republic Act No. 9006, otherwise known as the "Fair Election Act", is hereby amended to read as follows:
"SEC. 11. Rates of Political Propaganda. -During the election period, media outlets shall give registered political parties and bona fide candidates a discount of fifty percent (50%) for television, forty percent (40%) for radio and ten percent (10%) for print, from the average of the published rates charged in the last three calendar years prior to the election.
"Nothing in this provision prohibits a media outlet from giving higher discounts: Provided, That the discount it gives one candidate shall be the same discount it gives to other candidates for the same position.
'In no case shall rates charged to registered political parties and bona fide candidates be higher than rates charged to non-political advertisers."