This will show you how long ago that law was passed: it didn't go into effect until midnight of Jan. 1, instead of, say, midnight Dec. 31. Why? So the networks could get revenue from ciggybutt ads on the New Year's bowl games. Today, they'd probably ask for a holdoff until after the Super Bowl.
Of course, types of advertising that were forbidden then are now on air including hard liquor, condoms, and bra ads with live models. What a world, what a world.