Resale Royalty Gains Momentum in US
International
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.
More:
- Artist resale rights gain support in US Congress (The Art Newspaper 16/7/14)
- Rep. Nadler on the ART Act, Hearing on Artists’ Resale Rights (ArtFix daily 15/7/14)
- US Lawmakers Give Artist Resale Rights Another Look (artnet news 15/7/14)