H.R. 1084 would require the Federal Communications Commission (FCC) to adopt an industry-created standard capping the volume level of television commercials and equalizing the volume between advertisements and other television programming within one year. The regulations would take effect one year after adopted by the FCC. The bill would permit the FCC to grant a waiver for one year if a broadcast station, cable operator, or other multichannel video programming distributor could demonstrate a financial hardship, and the waiver could be renewed for one additional year.