Copyright Clause Restoration Act of 2023

Bill: 118-hr-576
Sponsor: full_name: Rep. Steube, W. Gregory [R-FL-17]
Introduced: 2023-01-26
Policy area: Commerce
Latest action: action_date: 2023-01-26
text: Referred to the House Committee on the Judiciary.

Summaries:
action_date: 2023-01-26
action_desc: Introduced in House
text: <p><b>Copyright Clause Restoration Act of 2023</b></p> <p>This bill shortens the copyright protection term to 28 years starting from the date the work was originally secured, to be renewable for an additional 28-year term. (Under current law, for works created after 1977, the general rule is that the copyright term lasts for the life of the author plus 70 years.)</p> <p>The bill shall apply to all works fixed on or after the bill's enactment, except that it shall have retroactive effect for copyrights belonging to an entity that (1) is involved in the motion picture or arts and entertainment industries, and (2) has a market capitalization of more than $150 billion.</p>

tv_txt: I 118th CONGRESS 1st Session H. R. 576 IN THE HOUSE OF REPRESENTATIVES January 26, 2023 Mr. Steube introduced the following bill; which was referred to the Committee on the Judiciary A BILL To address the duration of copyright, and for other purposes.

1. Short title This Act may be cited as the Copyright Clause Restoration Act of 2023 . 2. Duration of copyright (a) In general (1) Original term Notwithstanding any provision of title 17, United States Code, or any other provision of law, copyright in any work shall endure for 28 years from the date it was originally secured. (2) Extension The holder of a copyright under paragraph (1) shall be entitled to a renewal and extension of the copyright in the applicable work for a further term of 28 years if the holder applies for that renewal and extension during the 1-year period before the expiration of the original term of the copyright under that paragraph. (b) Application (1) In general Except as provided in paragraph (2), subsection (a) shall apply with respect to copyright protection for any work fixed on or after the date of enactment of this Act. (2) Retroactive effect (A) In general Subject to subparagraph (B), subsection (a) shall apply with respect to a copyright that, on any date on or after May 1, 2023, is owned by a person that— (i) has a market capitalization of more than $150,000,000,000; and (ii) (I) is classified under North American Industry Classification System code 5121 or 71; or (II) engages in substantial activities for which a code described in subclause (I) could be assigned. (B) Licensing If, as of May 1, 2023, a person is operating under a license with respect to a copyright that is subject to subparagraph (A) and that, because of the application of that subparagraph, would expire during the 10-year period beginning on May 1, 2023, that person shall continue to hold the rights contained in that license (to the exclusion of any person not granted those rights by a license before May 1, 2023) for a period that is the shorter of— (i) 50 percent of the remaining license term, as of May 1, 2023; or (ii) 10 years, beginning on May 1, 2023.