Monday, October 15, 2012

A Proposed Federal Bill for Artist's Resale Royalties

Theodore Feder, the President of the Artist's Rights Society, and Bruce Lehman, a former U.S. Patent and Trademark Office commissioner, are lobbying Congress to adopt a federal bill that would grant resale rights to artists whose work is sold at major auction houses in this country. The proposal, the latest in three decades’ worth of attempts to institute such a law, first initiated by Ted Kennedy in 1993, follows a court ruling that invalidates the only resale royalty statute on the books in the United States, a California state law that is almost never heeded or enforced.

For more information, read a more complete report at artinfo.com

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