1. Short title This Act may be cited as the Cable Transparency Act . 2. Cable franchise term and termination (a) Elimination or modification of requirement in franchise Section 625 of the Communications Act of 1934 ( 47 U.S.C. 545 ) is amended to read as follows: 625. Elimination or modification of requirement in franchise (a) In general During the period in which a franchise is in effect, the cable operator may obtain the elimination or modification of any requirement in the franchise by submitting to the franchising authority a request for the elimination or modification of such requirement. (b) Elimination or modification of requirement in franchise (1) Requirement The franchising authority shall eliminate or modify a requirement in accordance with a complete request submitted under subsection (a) not later than 120 days after receiving such request if the cable operator demonstrates in the request— (A) good cause for the elimination or modification of the requirement, including the need to eliminate or modify the requirement— (i) to conform to an applicable Federal or State law; (ii) to address changes in technology; or (iii) in the case of a requirement applicable to the cable operator, due to commercial impracticability; and (B) that the mix, quality, and level of cable services required by the franchise at the time the franchise was granted will be maintained notwithstanding the elimination or modification of the requirement