Anti-'Performance Tax' Bill Introduced In Senate
May 12, 2008 at 3:42 PM (PT)
A bipartisan resolution against the "performance tax" was introduced TODAY in the U.S. Senate by Sens. BLANCHE LINCOLN (D-AR) and ROGER WICKER (R-MS). The bill, which is being backed by Sens. WAYNE ALLARD (R-CO), SAM BROWNBACK (R-KS), LISA MURKOWSKI (R-AK), BEN NELSON (D-NE), and JAMES WEBB (D-VA), is similar to a house bill that is being backed by more than 200 lawmakers.
The bill, S. Con,. Res. 82, reads, "Congress should not impose any new performance fee, tax, royalty, or other charge relating to the public performance of sound recordings on a local radio station for broadcasting sound recordings over the air, or on any business for such public performance of sound recordings."
NAB EVP DENNIS WHARTON said, "NAB salutes Sens. LINCOLN and WICKER and their Senate colleagues for formally recognizing radio airplay's enormous value to both record labels and recording artists. The undeniable fact is that radio airplay is a musician's greatest promotional tool and generates millions of dollars in revenue annually for RIAA-member companies and performers."