The Committee on Energy and Commerce has released a draft of broadband legislation. I can't find the legislation on the Internet yet but a summary of what the legislation provides is found at:
Creates common regulatory definition for broadband Internet transmission services (BITS) which includes Digital Subscriber Line (DSL), cable modems, and other broadband services. Ensures network neutrality to prevent broadband providers from blocking subscriber access to lawful content. Provides a uniform, federal regulatory framework for broadband providers, Voice-over-Internet Protocol (VoIP), and broadband video providers, except in some areas where state or local rules still apply, such as rights-of-way. Authorizes the FCC to determine that VoIP can be required to contribute to the Universal Service Fund. Develops a streamlined franchising process for broadband video providers. Applies many current cable video requirements to broadband video providers. Allows municipalities to develop and deploy BITS, VoIP and broadband video services. However, municipalities can't provide preferential treatment for these services and must comply with all regulations governing private-sector providers. Ensures that VoIP subscribers have access to 911.
A news article on this is at: