Living Wage for Musicians Act of 2025
The full text of the bill is not provided—only its title. Based on the name, the bill would likely establish a government or quasi-government fund called the Artist Compensation Royalty Fund. The purpose would be to provide ongoing financial compensation (royalties) to artists for the use or reproduction of their works. If enacted, the bill would typically specify how the fund is funded, who administers it, who qualifies to receive payments, how distributions are calculated, and how the program is overseen and reported. The exact details—such as eligibility criteria, the sources of funding, distribution formulas, and regulatory requirements—would be determined by the bill’s specific text. In the absence of the full text, this summary describes the common elements such a fund would usually include and the potential effects on artists, industry stakeholders, and public budgets. Please share the full text for a precise, provision-by-provision summary.
Key Points
- 1Establishment of a dedicated fund: Creation of the Artist Compensation Royalty Fund intended to provide ongoing royalties to artists for the use of their works.
- 2Funding and finance: The bill would typically authorize funding sources (e.g., annual appropriations, industry assessments or fees on platforms/distributors that use creator works).
- 3Administration and governance: Likely provisions for a governing body or administrator to manage the fund, set rules, approve payments, and ensure compliance.
- 4Eligibility and distribution: Criteria for who qualifies as an eligible artist or rights holder and how royalties are calculated and paid (frequency, total amount, and distribution method).
- 5Accountability and oversight: Requirements for reporting, transparency, audits, and possibly sunset or renewal provisions to review program effectiveness and fiscal impact.