🔓
Sign in as a Member to unlock the full view of HR.4927. · Full carveout list, all affected companies, party defectors, and 30-day trade predictions.
Become a Member$24.50/mo already a Member? Sign in →
HR.4927 · 119TH CONGRESS

CABLE Competition Act

Status
In Committee
Latest Action
2025-08-08
Sponsor
Houchin, Erin (R-Indiana)
Official Source
Investability
0/100
Stage
COMMITTEE
Related Bills
0
Full Text
3,175 chars
Alive
Yes

What This Bill Does · Plain English

Summary · Congress.gov
Consumer Access to Broadband for Local Economies and Competition Act or the CABLE Competition Act This bill prohibits state and local cable franchising authorities from precluding certain transactions involving the sale or transfer of a cable franchise. Providers of cable television service (cable operators) must generally obtain authorization (known as a franchise) from a state or local franchising authority in order to offer cable service in a given area. Under current law, a franchising authority may require a cable operator to obtain the authority’s approval before selling or transferring a franchise. Under the bill, a franchising authority may not preclude a cable operator from selling or transferring a franchise to a new owner who agrees to accept all terms applicable to the cable operator at the time of the transaction. However, a franchising authority may require a cable operator to notify the authority at least 15 days before such a transaction. The bill takes effect six months after it is enacted. Its provisions generally apply to franchises that (1) are granted on or after the effective date, or (2) were granted before the effective date and were in effect or operational on that date.

Action Timeline

2025-08-08
Referred to the House Committee on Energy and Commerce.
2025-08-08
Introduced in House
2025-08-08
Introduced in House

Frequently Asked Questions

Did HR.4927 pass?
HR.4927 is still alive. Current stage: COMMITTEE. Pass likelihood: pending.
What does HR.4927 do?
Consumer Access to Broadband for Local Economies and Competition Act or the CABLE Competition Act This bill prohibits state and local cable franchising authorities from precluding certain transactions involving the sale or transfer of a cable franchise. Providers of cable television service (cable operators) must generally obtain authorization (known as a franchise) from a state or local franchising authority in order to offer cable service in a given area. Under current law, a franchising authority may require a cable operator to obtain the authority’s approval before selling or transferring …
Who sponsored HR.4927?
HR.4927 was sponsored by Erin Houchin (R-Indiana).

Full Bill Text

119 HR 4927 IH: Consumer Access to Broadband for Local Economies and Competition Act U.S. House of Representatives 2025-08-08 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 4927 IN THE HOUSE OF REPRESENTATIVES August 8, 2025 Mrs. Houchin (for herself and Mr. Goldman of Texas ) introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To amend the Communications Act of 1934 to prohibit franchising authorities from requiring approval for the sale of cable systems, and for other purposes. 1. Short title This Act may be cited as the Consumer Access to Broadband for Local Economies and Competition Act or the CABLE Competition Act . 2. Sales of cable systems (a) In general Section 627 of the Communications Act of 1934 ( 47 U.S.C. 547 ) is amended to read as follows: 627. Conditions of sale or transfer (a) Value of cable system after revocation of franchise If a franchise held by a cable operator is revoked under section 626(b)(2)(B) and the franchising authority acquires ownership of the cable system or effects a transfer of ownership of the system to another person, any such acquisition or transfer shall be at fair market value. (b) Limitations on authority of franchising authority with respect To transfer of franchise (1) In general A franchising authority may not preclude a cable operator from transferring a franchise to any person— (A) to which such franchise was not initially granted; and (B) with respect to the terms of the franchise that apply to the cable operator, who agrees to accept all such terms in effect at the time of the transfer. (2) Notification In the case of the transfer of a franchise to a person to which such franchise was not originally granted, a franchising authority may require a cable operator to which a franchise was initially granted to, not later than 15 days before the transfer of the franchise, notify the franchising authority in writing of such transfer. (3) Transfer of a franchise defined In this subsection, the term transfer of a franchise means the transfer or assignment of any rights under a franchise through any transaction, including through— (A) a merger involving the cable operator or cable system; (B) a sale of the cable operator or cable system; (C) an assignment of the cable operator or a cable system; (D) a restructuring of a cable operator or a cable system; or (E) the transfer of control of a cable operator or a cable system. . (b) Effective date This section, and the amendment made by subsection (a), shall take effect 6 months after the date of the enactment of this Act. (c) Application This section, and the amendment made by subsection (a), shall apply to a franchise granted— (1) on or after the effective date established by subsection (b); or (2) before such date, if— (A) such franchise (including any renewal term thereof) is in effect on such date; or (B) such franchise is expired and cable operator has continued to perform under the provisions of such franchise as if such franchise were not expired.
🔒 GovGreed Pro · Trading Intelligence on HR.4927 Get Access — $24.50/mo
Loading intelligence layer…
Bill text sourced from GovInfo.gov · public domain · last updated 2026-09-14. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]