Home Committee Takes Up American Music Equity Act

Home Committee Takes Up American Music Equity Act

Nadler schedules a markup of the invoice as the tip of this congressional time period nears

The Home Judiciary Committee plans to debate the American Music Equity Act on Wednesday.

The invoice would require AM and FM radio stations to pay royalties to performing artists for recordings that they broadcast. The chairman of the committee, Rep. Jerry Nadler (D-N.Y.), is a supporter of the invoice, which is fiercely opposed by the Nationwide Affiliation of Broadcasters.

Earlier this yr Nadler stated the exemption loved by broadcasters from such royalties is “grossly unfair” and that “its impression has grow to be more and more inequitable over time as the form of the trade has modified.”

An agenda for this week’s committee conferences features a markup of the invoice. A markup is when a committee debates and amends a invoice earlier than presumably advancing it to the Home flooring.

Proposals to finish the printed exemption have failed in Congress for years. Might this time be totally different?

The NAB has stated that “efficiency tax proposals have struggled to collect supporters in Congress as a result of members of Congress perceive the devastating impact they’d have on native radio.”

NAB President/CEO Curtis LeGeyt reacted to the information of the scheduled markup by mentioning that roughly 250 legislators, “together with a majority of the Home of Representatives,” have cosponsored the Native Radio Freedom Act, which might shield the exemption.

“A markup of this laws as drafted merely ensures that yet one more Congress will cross with out significant progress on this challenge,” he stated in an announcement.

LeGeyt reiterated the NAB place that the AMFA would institute “an onerous efficiency payment that may irrevocably harm native radio.” He criticized the recording trade for “its uncompromising pursuit of this one-sided proposal that may upend the connection between artists and broadcast radio.”

Former Rep. Joe Crowley, the chairman of the musicFIRST Coalition, not too long ago criticized broadcasters for “misusing their government-granted airwaves to run false and deceptive adverts attacking a common sense resolution that may shut the authorized loophole that enables them to proceed this unjust follow.”

The markup comes as the present congressional time period nears its finish within the first week of January. With Republicans able to reclaim a slim Home majority, the chairmanship of the committee will change events. The rating Republican is Rep. Jim Jordan.

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