,i #aai? ,,congress #a/ ,session ,h4 ,r4 #djag ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #ag1 #bjbe,mr4 ,nadl] 7= himself & ,ms4 ,*u7 introduc$ ! foll[+ bill2 :i* 0 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 ( #bjbe4 #b4 ,resale royalty 7a7 ,collection ( resale royalty = visual art ,*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 section3 7#a7 ,art m>ket pr(essional ,! t]m art m>ket pr(essional means a p]son engag$ 9 ! bus9ess ( buy+ & sell+ works ( visual art to ! public4 7#b7 ,au?or's successor ,! t]m au?or's successor means an individual :o holds ! "r ( ! au?or ( a "w ( visual art to ! resale royalty aft] ! dea? ( ! au?or z def9$ "u subsection 7e77#c74 7#c7 ,comm]cial ,resale ,! t]m comm]cial resale means a sale ( a resale copy ( a "w ( visual art by1 or ) ! int]v5tion (1 an art m>ket pr(essional1 subsequ5t to ! fir/ sale ( t copy4 7#d7 ,price ,! t]m price means ! aggregate ( all paym5ts 9 ca%1 cr$it1 or 9-k9d by or on behalf ( a pur*as]1 exclud+ any fees = s]vices r5d]$ by ! art m>ket pr(essional 9 connection ) su* sale4 7#e7 ,resale ,copy ,! t]m resale copy1 = ! purposes ( ?is section1 means ! mat]ial object 9 :i* ! "w ( visual art is fix$ by or "u ! au?ority ( ! au?or1 9 a s+le or limit$ edition4 7#f7 ,visual ,arti/s' ,collect+ ,societies ,! t]m visual arti/s' collect+ societies means entities t h be5 designat$ to adm9i/] ! resale royalty "u ?is section4 7b7 ,collection g5]ally ,indep5d5t ( ! exclusive rights provid$ 9 section #ajf1 ! au?or ( a "w ( visual art %all be entitl$ to a royalty = ! comm]cial resale ( a resale copy ( ! "w by a p]son o!r ?an ! au?or or ! au?or's successor = a price ( #e1jjj or m4 7c7 ,duration ,! entitlem5t to a resale royalty %all subsi/ simultane\sly ) & = ! duration ( ! t]m ( copyright protection af=d$ to ! "w ( visual art pursuant to *apt] #c ( ?is title4 7d7 ,calculation & paym5t ( royalty 7#a7 ,9 g5]al ,! royalty = ! sale ( a resale copy ( a "w ( visual art "u ?is section %all be an am\nt equal to ! less] (-- 7,a7 #e p]c5t ( ! price paid = ! resale copy ( ! "w ( visual art 9 t sale2 or 7,b7 #ej1jjj4 7#b7 ,adju/m5t ( am\nt ,9 #bjbb & 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> #bjbd = ! ,,cpi = cal5d> ye> #bjbd & all t foll[s 9 clause 7ii7 ( t section4 7e7 ,collection & paym5t ( royalty 7#a7 ,collection ,n lat] ?an #ij days aft] ! date ( ! f9al paym5t = ! pur*ase ( ! resale copy ( ! "w ( visual art1 ! art m>ket pr(essional %all pay ! resale royalty calculat$ "u subsection 7d7 to su* visual arti/s' collect+ societies z are designat$ by ! ,regi/] ( ,copyrights "u subsection 7i74 7#b7 ,di/ribution ,n few] ?an f\r times ea* ye> at qu>t]ly int]vals1 any visual arti/s' 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] 9 an am\nt equal to ! diff]5ce betwe5-- 7,a7 all royalties attributable to ! sales ( resale copies ( works ( visual art by ! au?or2 & 7,b7 ! reasonable adm9i/rative exp5ses ( ! collect+ society z det]m9$ by regulations issu$ "u subsection 7i74 7#c7 ,successors ,9 a case 9 :i* an au?or is dead1 ! "r ( t au?or to ! resale royalty %all transf] z bequea!d by w4 ,9 ! abs5ce ( a w1 ! "r %all be apportion$ z foll[s3 7,a7 ,! wid[ or wid[] is entitl$ to ! entire royalty ( ! au?or unless !re are any surviv+ *ildr5 or gr&*ildr5 ( ! au?or1 9 :i* case ! wid[ or wid[] is entitl$ to "o-half ( ! au?or's royalty4 7,b7 ,any surviv+ *ild ( ! au?or1 & any surviv+ *ild ( any dead *ild ( ! au?or1 is entitl$ to ! royalty ( ! au?or 9 accordance ) ?is section z foll[s3 7i7 ,a s+le surviv+ *ild ( ! au?or or s+le surviv+ gr&*ild t is ! *ild ( a deceas$ *ild ( ! au?or is entitl$ to ! entire royalty ( ! au?or if !re is no surviv+ sp\se4 7ii7 ,if !re is no surviv+ sp\se & m ?an "o *ild ( ! au?or1 alive or dead1 ea* *ild is entitl$ to an equal %>e ( ! royalty1 & ! %>e ( any deceas$ *ild %all be split equally among all surviv+ gr&*ildr5 t desc5d f ! deceas$ *ild4 7iii7 ,if !re is a surviv+ sp\se1 ea* *ild ( ! au?or is entitl$ to an equal %>e ( "o-half ( ! royalty1 & ! %>e ( any deceas$ *ild %all be split equally among all surviv+ gr&*ildr5 t desc5d f ! deceas$ *ild4 7,c7 ,9 ! ev5t t ! au?or's wid[ or wid[]1 *ildr51 & gr&*ildr5 are n liv+1 ! entitlem5t to collect a resale royalty is ext+ui%$4 7,d7 ,:]e a "w ( visual art is a jo9t "w1 ea* jo9t au?or is entitl$ to an equal %>e ( any resale royalty4 ,:]e an au?or :o is a jo9t au?or is dead1 8 or h] %>e ( any resale royalty %all be apportion$ among 8 or h] successors 9 accordance ) ?is p>agraph 7#c74 7#d7 ,unclaim$ royalties 7,a7 ,escr[ ,subject to subp>agraph 7,b71 if1 aft] a good fai? ef=t1 a visual arti/s' collect+ society is n able to make a timely di/ribution "u p>agraph 7#b7 because ! collect+ society is unable to locate ! au?or or ! au?or's successor1 ! collect+ society %all-- 7i7 deposit ! am\nt t w\ld h be5 di/ribut$ to ! au?or or au?ors' successor into an int]e/-be>+ escr[ acc\nt until ! au?or or ! au?or's successor has be5 id5tifi$ & locat$1 & cont9ue to make reasonable good fai? ef=ts to id5tify & locate ! au?or or au?or's successor1 includ+ by adm9i/]+ & publiciz+1 includ+ on ! visual arti/s' collect+ society's website1 a process by :i* au?ors or ! au?or's successor c claim any royalty due "u ?is subsection2 & 7ii7 ^u locat+ ! au?or or au?or's successor1 di/ribute ! am\nt describ$ 9 clause 7i71 includ+ int]e/1 to ! au?or or au?or's successor4 7,b7 ,transf] ,if ! au?or or ! au?or's successor is n locat$ dur+ ! #c-ye> p]iod beg9n+ on ! date on :i* ! sale ( ! resale copy ( ! "w ( visual art cov]$ "u ?is section occurs1 ! am\nt t w\ld h be5 di/ribut$ to ! au?or or ! au?or's successor "u p>agraph 7#b7 %all be transf]r$ to ! ,copyright ,(fice = ! purposes ( develop+ & conduct+ programs & educational initiatives 9 support ( arti/s 9 ! ,unit$ ,/ates4 ,di/ribution ( funds "u ?is subp>agraph satisfies ! obligations ( ! visual arti/s' collect+ society "u ?is subsection ) respect to ^? funds4 7#e7 ,adm9i/ration ,visual arti/s' collect+ societies %all adm9i/] all am\nts collect$ "u ?is subsection 9 accordance ) g5]ally accept$ acc\nt+ pr9ciples4 7f7 ,failure ,to pay or di/ribute royalty 7#a7 ,"r ( action 7,a7 ,if an art m>ket pr(essional fails to pay a royalty 9 accordance ) subsection 7e7 to a visual arti/s' collect+ society designat$ by ! ,regi/] ( ,copyrights1 su* a society1 ei!r by itself or jo9tly ) any o!r su* society1 may br+ an action 9 a di/rict c\rt ( ! ,unit$ ,/ates to recov] an am\nt equal to ! am\nt ( ! royalty & attorney's fees b if no su* society ex]cises ?is "r )9 "o ye> f ! date paym5t is due1 ! au?or or au?or's successors may )9 ?ree ye>s f ! date paym5t is due br+ an action 9 a di/rict c\rt ( ! ,unit$ ,/ates to recov] an am\nt equal to ?ree times ! am\nt ( ! royalty & attorney's fees4 7,b7 ,if a visual arti/s' collect+ society to :i* a royalty paym5t is made "u section 7e77#a7 fails to di/ribute ! royalty 9 accordance ) subsection 7e77#b7 or 7#c71 ! au?or or au?or's successors may )9 ?ree ye>s f ! date ! society receiv$ ! royalty paym5t br+ an action 9 a di/rict c\rt ( ! ,unit$ ,/ates to recov] an am\nt equal to ?ree times ! am\nt ( ! royalty & attorney's fees4 7#b7 ,collect+ ,societies ,) ! p]mission ( ! p]son to :om ! resale royalty is due "u p>agraph 7#a71 visual arti/s' collect+ societies may br+ a suit on t p]son's behalf "u ?is subsection4 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 7e74 7g7 ,no transf]s ,! entitlem5t to a royalty "u ?is section may n be sold1 assign$1 or o!rwise transf]r$ or waiv$4 7h7 ,eligibility ,to receive royalty paym5t ,any visual arti/s' collect+ society t collects a royalty "u ?is section = ! sale ( a resale copy ( a "w ( visual art %all di/ribute ! royalty to-- 7#a7 any au?or ( ! "w ( visual art-- 7,a7 :o is a citiz5 ( or domicil$ 9 ! ,unit$ ,/ates2 7,b7 :o is a citiz5 ( or domicil$ 9 a c\ntry t provides a royalty = ! resale ( a resale 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 ( an au?or describ$ 9 p>agraph 7#a74 7i7 ,regulations ,! ,regi/] ( ,copyrights may conduct su* proce$+s & adopt su* regulations z necess>y or appropriate to effectuate ! provisions ( ?is section1 includ+ to-- 7#a7 e/abli% a process by :i* entities are designat$ z a visual arti/s' collect+ societies au?oriz$ to adm9i/] royalty collections & di/ributions "u ?is section1 :i* process %all require su* entities to-- 7,a7 h exp]i5ce 9 lic5s+ ! copyrights ( au?ors ( works ( visual art 9 ! ,unit$ ,/ates2 or 7,b7 h exp]i5ce 9 collect+1 ma9ta9+1 & di/ribut+ monies on behalf ( arti/s 9 accordance ) g5]ally accept$ acc\nt+ pr9ciples2 7#b7 det]m9e ! reasonable adm9i/rative exp5ses t ! visual arti/s' collect+ societies may d$uct f ! royalties payable "u subsection 7e77#b77;,b72 7#c7 e/abli% a process by :i*-- 7,a7 visual arti/s' collect+ societies may obta9 f any art m>ket pr(essional ! sale price1 date ( sale1 & o!r su* in=mation z ! ,regi/] ( ,copyrights deems appropriate1 = ea* sale ( a resale copy ( a "w ( visual art cov]$ by ?is section2 & 7,b7 an au?or ( a "w ( visual art or1 if ! au?or is dead1 ! au?or's successor may obta9 f visual arti/s' collect+ societies any in=mation 9 ! possession ( ! collect+ societies1 includ+ ! in=mation obta9$ "u clause 7,a7 & ! am\nt ( any royalty paid to ! collect+ societies1 t relates to a sale ( any resale copies ( su* au?or's "w2 & 7#d7 e/abli% a process by :i* ! visual arti/s' collect+ societies may lose _! designation z su* if1 9 ! judgm5t ( ! ,regi/]1 ! entity fails to sub/antially c>ry out ! duties ( a visual arti/'s collect+ society or fails to comply ) ! appropriate /&>ds ( conduct "u ?is section or any applicable regulations adopt$ by ! ,regi/]4 7j7 ,close/ alt]native designation ,if ! ,regi/] is unable to id5tify an entity t fulfills ea* ( ! qualifications set =? 9 clauses 7,a7 ?r\gh 7,b7 9 section 7i77#a71 or if an entity is id5tifi$ & ! ,regi/] f9ds cause n to designate su* entity1 ! ,regi/] may designate any entity t mo/ ne>ly fulfills su* qualifications = purposes ( c>ry+ out ! responsibilities ( ! visual arti/s' collect+ societies & = :i* ! ,regi/] does n f9d cause n to designate4 ,if ! ,regi/] judges t no entity ne>ly fulfills ! qualifications = ! purposes ( c>ry+ out ! responsibilities ( ! visual arti/s' collect+ societies1 !n ! ,regi/] may promulgate regulations = an alt]native me?od = collect+ & di/ribut+ resale royalties4 4 7b7 ,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 #c4 ,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 #d4 ,/udy requir$ ,n lat] ?an #e ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,regi/] ( ,copyrights %all conduct a /udy on ! implem5tation ( ?is ,act & submit to ! ,committee on ! ,judici>y ( ! ,s5ate & ! ,committee on ! ,judici>y ( ! ,h\se ( ,repres5tatives a report on ! results1 includ+ any recomm5dations = legislation4 #e4 ,effective date ,?is ,act & ! am5dm5ts made by ?is ,act %all take effect on ! date t is "o ye> aft] ! date ( enactm5t ( ?is ,act4