| | Committee Adopts Stevens Amendment on Media Cross-Ownership (Site not responding. Last check: 2007-10-25) |
 | | State public utility commissions may then recommend to the FCC, on a case-by-case basis, a waiver of cross ownership rules if it finds that cross ownership would enhance local news and information, promote the financial stability of media outlets, or otherwise promote the public interest. |
 | | Upon receipt of a request for a cross ownership waiver by a state public utility commission, the FCC may approve the waiver within 60 days unless there is compelling evidence that approval of the waiver would be contrary to the public interest. |
 | | "Under my amendment, it would be up to state public utility commissions to examine requests for waivers to the cross ownership rule and determine whether it is in the public interest to allow one media outlet to purchase another in order to preserve local programming," said Stevens. |
| stevens.senate.gov /pr/2003/june/pr061903a.htm (454 words) |