18 July 2014: US artists in the US have been successful in getting a Bill introduced into Congress for an artists’ resale royalty scheme.

Australia is one of about 50 countries to have an artists’ resale royalty scheme, whereby a small proportion of the sale price is paid to the artist each time an artwork is resold. All members of the European Union (EU) have artists’ resale royalty scheme, in accordance with an EU Directive.

California has a scheme, but there is not yet a national scheme. That will change if the bill currently before Congress comes into law.

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