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Resale Royalties for Visual Artists: New Rights and Payments

This act introduces a new right for visual artists, allowing them to receive a percentage of the proceeds from commercial resales of their artworks. This aims to provide financial support to creators and their heirs, ensuring they share in the increasing value of their works in the secondary market. Citizens involved in art sales will need to comply with these new payment rules.
Key points
Visual artists (or their heirs) will receive 5% of the resale price of an artwork if the price is $5,000 or more, up to a maximum of $50,000.
Funds will be collected by designated organizations and distributed to artists; if an artist cannot be located, the money will go to the Copyright Office for artist support programs.
The act applies to artworks sold by art market professionals and seeks to provide artists with long-term benefits from their creations.
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Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_4017
Sponsor: Rep. Nadler, Jerrold [D-NY-12]
Process start date: 2025-06-17