To require the Federal Communications Commission to revise its television duopoly rules to require public comment on certain local marketing agreements.

Requires the Federal Communications Commission to revise its television contour overlap (duopoly) rule to: (1) treat as an attributable interest any agreement to broker more than 15 percent of the broadcast time per week of a television station to any party (including all parties under common control) who owns, operates, or controls an overlapping television station; (2) require any such agreement to be a signed written instrument that is maintained in the public file of the stations that are parties to it and that is available for public inspection; and (3) permit, after notice and public comment, waivers of such rule for such agreements if the Commission determines that it is consistent with the public interest, convenience, and necessity.

Requires two television stations to be treated as overlapping stations if the Grade B contours of such stations signal overlap.