For a flickering light with two or more frequency components, the temporal envelope of the flickering light is perceived, although there is no frequency component at the frequency of the envelope. To address the processing of the temporal envelope, we compared cortical responses to the envelope of amplitude-modulated (AM) flickering lights with responses to sinusoidal flickering lights. We measured magnetoencephalographic (MEG) responses to AM and sinusoidal flickering lights while changing the frequency of the temporal envelope of AM flickering light and the stimulus frequency of sinusoidal flickering light. The result showed that the strength of the MEG response to sinusoidal flickering light increased with stimulus frequency in the low frequency range. This probably resulted from the band-pass filtering in the visual system. However, such an increase in the low frequency range was not observed for the envelope of AM flickering light. The absence of the increase in MEG responses suggests that the envelope of AM flickering light is not subject to band-pass filtering in the visual system. It is therefore possible that the envelope is represented after the band-pass filtering stage.