Copyright Office Questions Royalty Bill's Impact On Art Market

Law360, New York (September 19, 2012, 7:03 PM EDT) -- The U.S. Copyright Office wants to know what effects recently proposed legislation designed to set aside resale royalties for visual artists would have on the art world, according to a notice in Wednesday's Federal Register.

The Copyright Office said it is conducting an inquiry into the potential outcomes of the Equity for Visual Artists Act of 2011, a piece of Democrat-sponsored legislation requiring that a certain percentage of resold works go to artists and museums.

“The U.S. Copyright Office is undertaking an inquiry at the request...
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