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H.R.4103: American Royalties Too Act of 2014
About this Bill
|This bill was introduced in the||113th Congress|
|This bill is primarily about||commerce|
|You can||read the bill|
|Sponsor||Jerrold Nadler, D-N.Y.|
|Total Cosponsors||15 (All Democrats)|
|Introduced||Feb. 26, 2014|
|Latest Major Action||March 20, 2014|
|See it on||GovTrack|
|See it on||C-SPAN|
- Bill introduced in the House
- Bill passed in the House
- Bill passed in the Senate
- Bill signed into law
American Royalties Too Act of 2014 - Expands copyright owners' exclusive rights, in the case of a work of visual art, to include the right to collect or authorize the collection of a royalty if the work is sold by a person other than the author for at least $5,000 in an auction.
Defines "auction" as a public sale of visual art to the highest bidder run by an entity that sold at least $1 million of works of visual art during the previous year.
Revises the term "work of visual art" to make requirements for photographs consistent with requirements for paintings, drawings, and prints. (Currently, a photograph must be a still photographic image produced for exhibition purposes only.)
Limits the amount of such a royalty to the lesser of: (1) 5% of the purchase price; or (2) $35,000, subject to cost-of-living adjustments.
Directs entities conducting such auctions to collect and pay the royalties to a visual artists' copyright collecting so...
(Source: Congressional Research Service)
|March 20, 2014||Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.|
|Feb. 26, 2014||Referred to the House Committee on the Judiciary.|