,,ii #aae? ,,congress #b;d ,session ,s4 #cdhh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #be1 #bjah,mr4 ,hat* 7= himself & ,mr4 ,leahy7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ! ,judici>y ,a ,,bill ,to am5d title #ag1 ,unit$ ,/ates ,code1 to secure ! rights ( visual arti/s to copyright1 to provide = resale royalties1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,am]ican ,royalties ,too ,act ( #bjah4 #b4 ,def9ition ,section #aja ( title #ag1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ aft] ! def9ition ( ar*itectural "w ! foll[+3 ,an auction is a public sale at :i* a copy ( a "w ( visual art is sold to ! highe/ bidd] & :i* is run by a p]son t sold n less ?an #a1jjj1jjj ( copies ( works ( visual art dur+ ! previ\s ye>4 ,a p]son t conducts all sales exclusively onl9e does n conduct an #8auction' = purposes ( ?is title4 4 #c4 ,exclusive rights 7a7 ,exclusive rights 9 copyright$ works ,section #ajf ( title #ag1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 p>agraph 7#e71 by /rik+ & at ! end2 7#b7 9 p>agraph 7#f71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+3 7#g7 9 ! case ( a "w ( visual art1 to collect a royalty = ! sale ( a copy ( ! "w if ! copy is sold by a p]son o!r ?an ! au?or ( ! "w or1 if applicable1 ! au?or's successor z copyright own] = a price ( n less ?an #e1jjj z ! result ( an auction4 4 7b7 ,collection ( resale royalty = visual art 7#a7 ,9 g5]al ,*apt] #a ( title #ag1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ aft] section #ajf;,a ! foll[+3 #ajf;,b4 ,collection ( resale royalty = visual art 7a7 ,def9itions ,9 ?is section-- 7#a7 ! t]m price means ! aggregate ( all in/allm5ts paid 9 ca% or 9-k9d by or on behalf ( a pur*as] = a copy ( a "w ( visual art sold z ! result ( ! auction ( t copy2 & 7#b7 ! t]m sale means a transf] ( own]%ip ( a copy ( a "w ( visual art z ! result ( ! auction ( t copy4 7b7 ,collection g5]ally ,! collection ( a royalty "u section #ajf7g7 %all be conduct$ 9 accordance ) ?is section4 7c7 ,calculation ( royalty 7#a7 ,9 g5]al ,! royalty %all be an am\nt equal to ! less] (-- 7,a7 #e p]c5t ( ! price ( ! copy ( ! "w ( visual art z sold at auction2 or 7,b7 #ce1jjj4 7#b7 ,adju/m5t ( am\nt ,9 #bjai & ea* ye> !reaft]1 ! doll> am\nt describ$ 9 p>agraph 7#a77;,b7 %all be increas$ by an am\nt equal to ! product (-- 7,a7 t doll> am\nt2 & 7,b7 ! co/-(-liv+ adju/m5t det]m9$ "u section #a7;f77#c77;,a7 ( ! ,int]nal ,rev5ue ,code ( #aihf = ! ye>1 det]m9$ by sub/itut+ ! ,c-,,cpi-,u = cal5d> ye> #bjag = ! ,,cpi = cal5d> ye> #bjaf & all t foll[s 9 clause 7ii7 ( t section4 7#c7 ,jo9t works ,9 ! case ( a "w ( visual art t is a jo9t "w1 ea* au?or ( ! "w or1 if applicable1 au?or's successor z copyright own] %all be entitl$ to an equal %>e ( any royalty = ! sale ( a copy ( ! "w4 7d7 ,collection & paym5t ( royalty 7#a7 ,collection ,n lat] ?an #ij days aft] ! date on :i* ! f9al paym5t ( ! price ( ! copy ( ! "w is made1 ! p]son t conducts ! auction %all pay ! resale royalty calculat$ "u subsection 7c7 to a visual arti/s' copyright collect+ society designat$ by ! ,regi/] ( ,copyrights "u subsection 7h74 7#b7 ,di/ribution ,n few] ?an #d times ea* ye>1 a visual arti/s' copyright collect+ society to :i* paym5ts are made "u p>agraph 7#a7 %all di/ribute to ! au?or or ! au?or's successor z copyright own] an am\nt equal to ! diff]5ce betwe5-- 7,a7 all royalties attributable to ! sales ( copies ( works by ! au?or2 & 7,b7 ! reasonable adm9i/rative exp5ses ( ! collect+ society z det]m9$ by regulations issu$ "u subsection 7h74 7#c7 ,unclaim$ royalties 7,a7 ,escr[ ,subject to subp>agraph 7,b71 if1 aft] a good fai? ef=t1 a visual arti/s' copyright collect+ society is n able to make a timely di/ribution "u p>agraph 7#b7 because ! copyright collect+ society is unable to locate ! au?or or au?or's successor z copyright own]1 ! copyright collect+ society %all-- 7i7 deposit ! am\nt t w\ld h be5 di/ribut$ to ! au?or or au?or's successor z copyright own] into an int]e/-be>+ escr[ acc\nt until ! au?or or au?or's successor z copyright own] has be5 id5tifi$ & locat$2 & 7ii7 ^u locat+ ! au?or or au?or's successor z copyright own]1 di/ribute ! am\nt describ$ 9 clause 7i71 includ+ int]e/1 to ! au?or or au?or's successor z copyright own]4 7,b7 ,transf] ,if ! au?or or au?or's successor z copyright own] ( a "w ( visual art is n id5tifi$ & locat$ dur+ ! #c-ye> p]iod beg9n+ on ! date on :i* ! sale ( ! copy ( ! "w ( visual art occurs1 ! am\nt t w\ld h be5 di/ribut$ to ! au?or or au?or's successor z copyright own] "u p>agraph 7#b7 %all be transf]r$ to ! ,copyright ,(fice = ! purposes ( develop+ & conduct+ programs1 symposia1 & education initiatives 9 support ( arti/s 9 ! ,unit$ ,/ates4 7#d7 ,adm9i/ration ,a visual arti/s' copyright collect+ society %all adm9i/] all am\nts collect$ "u ?is subsection 9 accordance ) g5]ally accept$ acc\nt+ pr9ciples4 7e7 ,failure ,to pay royalty 7#a7 ,"r ( action ,except z provid$ 9 p>agraph 7#b71 if a p]son fails to pay or di/ribute a royalty 9 accordance ) subsection 7d71 ! p]son to :i* ! royalty is due may br+ an action 9 an appropriate di/rict c\rt ( ! ,unit$ ,/ates to recov] ei!r-- 7,a7 ! am\nt ( ! royalty2 or 7,b7 /atutory damages 9 an am\nt available "u section #ejd7;c74 7#b7 ,exception 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,b71 a p]son %all n be liable 9 an action br\ght aga9/ ! p]son "u p>agraph 7#a7 if1 n lat] ?an #fj days aft] ! date on :i* ! royalty 0 due1 ! p]son pays or di/ributes an am\nt equal to ! sum (-- 7i7 ! royalty due2 & 7ii7 a late fee det]m9$ 9 accordance ) appropriate regulations z may be promulgat$ by ! ,regi/] ( ,copyrights4 7,b7 ,willful or repeat$ failure to pay ,subp>agraph 7,a7 %all n apply if ! failure ( ! p]son to pay or di/ribute a royalty 9 accordance ) subsection 7d7 0 willful or repeat$4 7#c7 ,exclusive rem$ies ,! rem$ies provid$ "u ?is subsection %all be ! exclusive rem$ies = a failure to pay or di/ribute a royalty 9 accordance ) subsection 7d74 7f7 ,transf] ( "r ,! "r to collect a royalty "u ?is section may n be sold1 assign$1 or o!rwise transf]r$ or waiv$ except z provid$ 9 section #bja4 7g7 ,eligibility ,to receive royalty paym5t ,a visual arti/s' copyright collect+ society t collects a royalty "u ?is section = ! sale ( a copy ( a "w ( visual art %all di/ribute ! royalty to-- 7#a7 any au?or ( a "w ( visual art-- 7,a7 :o is a citiz5 ( or domicil$ 9 ! ,unit$ ,/ates2 7,b7 :o is a citiz5 ( or domicil$ 9 a c\ntry t provides a royalty = ! resale ( a copy ( a "w ( visual art2 or 7,c7 ^: "w ( visual art is fir/ creat$ 9 ! ,unit$ ,/ates or 9 a c\ntry t provides a royalty = ! resale ( a copy ( a "w ( visual art2 or 7#b7 ! successor z copyright own] ( an au?or describ$ 9 p>agraph 7#a74 7h7 ,regulations ,! ,regi/] ( ,copyrights %all issue regulations gov]n+ visual arti/s' copyright collect+ societies describ$ 9 ?is section1 includ+ regulations t-- 7#a7 e/abli% a process by :i* a p]son is det]m9$ to be & designat$ z a visual arti/s' copyright collect+ society1 :i* process %all-- 7,a7 require a visual arti/s' copyright collect+ society au?oriz$ to adm9i/] royalty collections & di/ributions "u ?is title to-- 7i7 h prior exp]i5ce 9 lic5s+ ! copyrights ( au?ors ( works ( visual art 9 ! ,unit$ ,/ates2 or 7ii7 h be5 au?oriz$ by n few] ?an #ejj au?ors ( works ( visual art1 ei!r directly or ?r\gh reciprocal agreem5ts ) =eign collect+ societies1 to lic5se ! rights grant$ "u section #ajf2 & 7,b7 provide t a p]son %all no long] be designat$ z a visual arti/s' copyright collect+ society if1 dur+ a p]iod ( n less ?an #e ye>s t beg9s aft] ! date on :i* ! p]son is designat$ z a visual arti/s' copyright collect+ society1 ! p]son does n di/ribute directly to ea* au?or1 or to ! successor z copyright own] ( ea* au?or1 ! am\nt ( ! royalties requir$ to be di/ribut$ "u subsection 7d72 7#b7 det]m9e a reasonable am\nt ( adm9i/rative exp5ses t a visual arti/s' copyright collect+ society may d$uct f ! royalties payable to an au?or ( a "w ( visual art "u subsection 7d77#b72 & 7#c7 e/abli% a process by :i*-- 7,a7 n less frequ5tly ?an annually1 a visual arti/s' copyright collect+ society may obta9 f any p]son t conducts auctions a li/ ( ea* copy ( a "w ( visual art sold 9 ^? auctions t is by an au?or repres5t$ by ! collect+ society2 & 7,b7 an au?or ( a "w ( visual art or1 if applicable1 an au?or's successor z copyright own] may obta9 f a visual arti/s' copyright collect+ society any in=mation 9 ! possession ( ! collect+ society t relates to a sale ( a copy ( a "w ( visual art by ! au?or1 includ+ ! am\nt ( any royalty paid to ! collect+ society on behalf ( ! au?or or ! au?or's successor z copyright own]4 4 7#b7 ,te*nical & con=m+ am5dm5t ,! table ( sections = *apt] #a ( title #ag1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ aft] ! item relat+ to section #ajf;,a ! foll[+3 #ajf;,b4 ,collection ( resale royalty = visual art4 4 #d4 ,notice ( copyright ,section #dja ( title #ag1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 7e7 ,non-,applicability to works ( visual art ,! provisions ( ?is section %all n apply to a "w ( visual art4 4 #e4 ,/udy requir$ ,n lat] ?an #e ye>s aft] ! date ( enactm5t ( ?is ,act1 ! ,regi/] ( ,copyrights %all-- 7#a7 conduct a /udy on-- 7,a7 ! effects1 if any1 ( ! implem5tation ( ?is ,act1 & ! am5dm5ts made by ?is ,act1 on ! art m>ket 9 ! ,unit$ ,/ates2 & 7,b7 :e!r ! provisions ( ?is ,act1 & ! am5dm5ts made by ?is ,act1 %\ld be exp&$ to cov] deal]s1 gall]ies1 or o!r pr(essionals engag$ 9 ! sale ( copies ( works ( visual art2 & 7#b7 submit to ! ,committee on ! ,judici>y ( ! ,s5ate & ! ,committee on ! ,judici>y ( ! ,h\se ( ,repres5tatives a report on ! /udy conduct$ "u p>agraph 7#a71 includ+ any recomm5dations = legislation4 #f4 ,effective date ,?is ,act & ! am5dm5ts made by ?is ,act %all take effect on ! date t is #a ye> aft] ! date ( enactm5t ( ?is ,act4