,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #dibg  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,augu/ #h1 #bjbe,mrs4 
,h\*9 7= h]self & ,mr4 ,goldman (       
,texas7 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 read z      
foll[s3  #fbg4 ,conditions ( sale or    
transf]  7a7 ,value ( cable sy/em aft]  
revocation ( fran*ise ,if a fran*ise    
held by a cable op]ator is revok$ "u    
section #fbf7;b77#b77;,b7 & ! 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 preclude a     
cable op]ator f transf]r+ a fran*ise to 
any p]son--  7,a7 to :i* su* fran*ise 0 
n initially grant$2 &  7,b7 ) respect to
 ! t]ms ( ! fran*ise t apply to ! cable 
op]ator1 :o agrees to accept all su*    
t]ms 9 effect at ! "t ( ! transf]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 be=e !   
transf] ( ! fran*ise1 notify ! fran*is+ 
au?ority 9 writ+ ( su* transf]4  7#c7   
,transf] ( a fran*ise def9$  ,9 ?is     
subsection1 ! t]m transf] ( a fran*ise  
means ! transf] or assignm5t ( any      
rights "u a fran*ise ?r\gh any          
transaction1 includ+ ?r\gh--  7,a7 a    

m]g] involv+ ! cable op]ator or cable   
sy/em2  7,b7 a sale ( ! cable op]ator or
 cable sy/em2  7,c7 an assignm5t ( !    
cable op]ator or a cable sy/em2  7,d7 a 
re/ructur+ ( a cable op]ator or a cable 
sy/em2 or  7,e7 ! transf] ( control ( a 
cable op]ator or a cable sy/em4  4  7b7 
,effective date ,?is section1 & !       
am5dm5t 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-- 7,a7 su*       
fran*ise 7includ+ any r5ewal t]m !re(7  
is 9 effect on su* date2 or  7,b7 su*   
fran*ise is expir$ & cable op]ator has  
cont9u$ to p]=m "u ! provisions ( su*   
fran*ise z if su* fran*ise 7 n expir$4