,,ii #aagth ,,congress #b;d ,session ,s4 #dagh ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #aj1 #bjbb,mr4 ,hawley introduced the following bill2 which was read twice and referred to the ,committee on the ,judiciary ,a ,,bill ,to address the duration of copyright1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,copyright ,clause ,restoration ,act of #bjbb4 #b4 ,duration of copyright 7a7 ,in general 7#a7 ,original term ,notwithstanding any provision of title #ag1 ,united ,states ,code1 or any other provision of law1 copyright in any work shall endure for #bh years from the date it was originally secured4 7#b7 ,extension ,the holder of a copyright under paragraph 7#a7 shall be entitled to a renewal and extension of the copyright in the applicable work for a further term of #bh years if the holder applies for that renewal and extension during the #a-year period before the expiration of the original term of the copyright under that paragraph4 7b7 ,application 7#a7 ,in general ,except as provided in paragraph 7#b71 subsection 7a7 shall apply with respect to copyright protection for any work fixed on or after the date of enactment of this ,act4 7#b7 ,retroactive effect 7,a7 ,in general ,subject to subparagraph 7,b71 subsection 7a7 shall apply with respect to a copyright that1 on any date on or after ,may #a1 #bjbb1 is owned by a person that-- 7i7 has a market capitalization of more than #aej1jjj1jjj1jjj2 and 7ii7 7,i7 is classified under ,north ,american ,industry ,classification ,system code #eaba or #ga2 or 7,,ii7 engages in substantial activities for which a code described in subclause 7,i7 could be assigned4 7,b7 ,licensing ,if1 as of ,may #a1 #bjbb1 a person is operating under a license with respect to a copyright that is subject to subparagraph 7,a7 and that1 because of the application of that subparagraph1 would expire during the #aj-year period beginning on ,may #a1 #bjbb1 that person shall continue to hold the rights contained in that license 7to the exclusion of any person not granted those rights by a license before ,may #a1 #bjbb7 for a period that is the shorter of-- 7i7 #ej percent of the remaining license term1 as of ,may #a1 #bjbb2 or 7ii7 #aj years1 beginning on ,may #a1 #bjbb4