[Congressional Bills 112th Congress] [From the U.S. Government Publishing Office] [H.R. 6652 Introduced in House (IH)] 112th CONGRESS 2d Session H. R. 6652 To authorize assistance to United States independent music label companies to facilitate exports of recorded music by such companies. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 12, 2012 Mr. Nadler 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Making United States Independents Competitive Act'' or ``MUSIC Act''. SEC. 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. <all>