,i #aag? ,,congress #a/ ,session ,h4 ,r4 #aajc ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,febru>y #ah1 #bjba ,mr4 ,burgess introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,a ,,bill ,to am5d ! ,communications ,act ( #aicd to prohibit fran*is+ au?orities f requir+ approval = ! sale ( cable sy/ems1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,consum] ,access to ,broadb& = ,local ,economies & ,competition ,act or ! ,,cable ,competition ,act4 #b4 ,sales ( cable sy/ems 7a7 ,9 g5]al ,section #fbg ( ! ,communications ,act ( #aicd 7#dg ,u4,s4,c4 #edg7 is am5d$ to read3 #fbg4 ,conditions ( sale or transf] 7a7 ,value ( cable sy/em ^u sale or transf] 7#a7 ,aft] d5ial ( fran*ise r5ewal ,if a r5ewal ( a fran*ise held by a cable op]ator is d5i$ & ! fran*is+ au?ority acquires own]%ip ( ! cable sy/em or effects a transf] ( own]%ip ( ! sy/em to ano!r p]son1 any su* acquisition or transf] %all be at fair m>ket value1 det]m9$ on ! basis ( ! cable sy/em valu$ z a go+ conc]n b ) no value allocat$ to ! fran*ise itself4 7#b7 ,aft] revocation ( fran*ise = cause ,if a fran*ise held by a cable op]ator is revok$ = cause & ! fran*is+ au?ority acquires own]%ip ( ! cable sy/em or effects a transf] ( own]%ip ( ! sy/em to ano!r p]son1 any su* acquisition or transf] %all be at fair m>ket value4 7b7 ,limitations on au?ority ( fran*is+ au?ority ) respect to transf] ( fran*ise 7#a7 ,9 g5]al ,a fran*is+ au?ority may n-- 7,a7 preclude a cable op]ator f transf]r+ a fran*ise to a p]son to :i* su* fran*ise 0 n initially grant$2 or 7,b7 require a cable op]ator to :i* a fran*ise is initially grant$ to receive approval f ! fran*is+ au?ority = ! transf] ( su* fran*ise to a p]son :o to :i* su* fran*ise 0 n initially grant$4 7#b7 ,notification ,9 ! case ( ! transf] ( a fran*ise to a p]son to :i* su* fran*ise 0 n orig9ally grant$1 a fran*is+ au?ority may require a cable op]ator to :i* a fran*ise 0 initially grant$ to1 n lat] ?an #ae days aft] a transf] ( a fran*ise1 notify ! fran*is+ au?ority 9 writ+ ( su* transf]4 7#c7 ,transf] def9$ ,9 ?is subsection1 ! t]m transf] means ! assignm5t rights "u a fran*ise ?r\gh any transaction1 includ+ a m]g]1 sale1 assignm5t1 re/ructur+1 or transf] ( control ( a cable op]ator or a cable sy/em4 4 7b7 ,effective date ,?is section1 & ! am5dm5ts made by subsection 7a71 %all take effect #f mon?s aft] ! date ( ! enactm5t ( ?is ,act4 7c7 ,application ,?is section1 & ! am5dm5t made by subsection 7a71 %all apply to a fran*ise grant$-- 7#a7 on or aft] ! effective date e/abli%$ by subsection 7b72 or 7#b7 be=e su* date1 if su* fran*ise 7includ+ any r5ewal t]m !re(7 is 9 effect on su* date4