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The Cable TV Bill Would:

Regulate rates for a basic tier of service. Rates for additional programming could be challenged, and the Federal Communications Commission could refund overcharges to consumers.

Give local broadcasters a choice: They could seek payment from cable operators who want to carry their signals, or forfeit that option and force cable operators to carry their signal for free.

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Allow cable competitors such as direct-broadcasting satellite to acquire cable programs at a fair market price.