To amend the Federal Election Campaign Act of 1971 to exempt news stories, commentaries, and editorials distributed through the Internet from treatment as expenditures or electioneering communications under such Act, and for other purposes.

Amends the Federal Election Campaign Act of 1971 to: (1) exempt Internet commentary from treatment as an expenditure or as an electioneering communication; and (2) exempt the value of services in organizing meetings through the Internet from treatment as a contribution.