CABLE Competition Act

Summary

Consumer Access to Broadband for Local Economies and Competition Act or the CABLE Competition Act This bill revises the valuation of a cable system upon its sale or transfer, and it modifies the process for transferring a cable franchise to a person to whom such franchise was not initially granted. Specifically, the bill requires that after the denial of a franchise renewal or the revocation of a franchise for cause, any subsequent acquisition or transfer must be at fair market value. Further, the bill prohibits a cable franchising authority from (1) precluding the transfer of a cable franchise from a cable operator to a person to whom such franchise was not initially granted, or (2) requiring a cable operator that was initially granted a franchise to receive approval from the franchising authority for such a transfer. However, a franchising authority is authorized to require a cable operator to notify the authority of such a transfer.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 18 February 2021

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• Introduced in House (PDF)

  Introduced in House · EN · 18 February 2021

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• Introduced in House

  summary · EN · 18 February 2021

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