< Back to H.R. 6652 (112th Congress, 2011–2013)

Text of the Making United States Independents Competitive Act

This bill was introduced on December 12, 2012, in a previous session of Congress, but was not enacted. The text of the bill below is as of Dec 12, 2012 (Introduced).

Source: GPO

I

112th CONGRESS

2d Session

H. R. 6652

IN THE HOUSE OF REPRESENTATIVES

December 12, 2012

introduced the following bill; which was referred to the Committee on Foreign Affairs

A BILL

To authorize assistance to United States independent music label companies to facilitate exports of recorded music by such companies.

1.

Short title

This Act may be cited as the Making United States Independents Competitive Act or MUSIC Act.

2.

Assistance to United States independent music label companies to facilitate exports of recorded music

(a)

Assistance authorized

The Secretary of Commerce shall provide assistance to United States independent music label companies for purposes of facilitating exports of recorded music by such companies.

(b)

Priority for trade shows

In providing assistance under subsection (a), the Secretary of Commerce shall give priority to assistance to United States independent music label companies and the musical recording artists of such companies to attend international music trade shows. Such assistance shall include admission costs to such music trade shows and support for travel, booth construction, and touring expenses related to such music trade shows.

(c)

Definition

In this section, the term United States independent music label company means a corporation, partnership, or other association created under the laws of the United States or of any State (including the District of Columbia or any commonwealth, territory, or possession of the United States) that—

(1)

signs musical recording artists to contracts to assist in the recording, promotion, and sale of the recorded music;

(2)

for the immediately preceding fiscal year has—

(A)

total revenues of less than $50,000,000; and

(B)

total recorded music sales of less than one percent of the total recorded music sales in the United States; and

(3)

is not majority owned by a corporation, partnership, or other association that has total revenues of more than $50,000,000.

(d)

Authorization of appropriations

There are authorized to be appropriated to the Secretary of Commerce $1,000,000 for each of the fiscal years 2013 through 2017 to carry out this section.