This bill aims to protect consumers by mandating the Federal Communications Commission (FCC) to create regulations concerning video programming blackouts. It requires cable operators and direct broadcast satellite service providers to issue rebates to their subscribers under specific circumstances. The rebates would be for periods when subscribers are denied access to video programming that the provider had agreed to supply, with such denial resulting from retransmission consent or other carriage negotiations. The FCC is tasked with promulgating these regulations within 90 days of the bill's enactment, including establishing the appropriate amount for each rebate issued to affected subscribers.