1. Short title This Act may be cited as the Cable Access for Broadband and Local Economic Leadership Act or the CABLE Leadership Act . 2. Preservation of cable franchising authority Section 621 of the Communications Act of 1934 ( 47 U.S.C. 541 ) is amended by adding at the end the following: (g) Timing of decisions on requests for franchises and other authorizations (1) Request for new franchise Not later than 120 days after the date on which a franchising authority receives a complete request for the grant of a franchise (other than a renewal thereof), the franchising authority shall approve or deny such request. (2) Nonemergency requests (A) In general Not later than 90 days after a franchising authority receives a complete nonemergency request, as determined by the Commission, from a cable operator for authorization to modify or upgrade a cable system or facilities for the cable system, the franchising authority shall grant or deny such request. (B) Denial of nonemergency request Any decision by a franchising authority to deny a nonemergency request described under subparagraph (A) shall be— (i) in writing; (ii) supported by substantial evidence contained in a written record; and (iii) publicly released, contemporaneously with the decision. (3) Deemed grants (A) Deemed grant of new franchise If the franchising authority does not grant or deny a request under paragraph (1) by the day after the date on which the time period ends under such paragraph, such request shall be deemed granted on such day. (B) Deemed grant of nonemergency request If franchising authority does not grant or deny such request by the day after the date on which the time period ends under such paragraph or denies such request, but fails to comply with paragraph (2)(B) with respect to the denial, such request shall be deemed granted on such day. (4) When request considered complete