“ In the case of fees deposited against future services, the Register of Copyrights shall request the Secretary of the Treasury to invest in interest-bearing securities in the United States Treasury any portion of the fees that, as determined by the Register, is not required to meet current deposit account demands. Funds from such portion of fees shall be invested in securities that permit funds to be available to the Copyright Office at all times if they are determined to be necessary to meet current deposit account demands. ”
Summary
“Public Law 105-80”, is a work by . It explores elements such as United States Code, the Copyright Office and the Register of Copyrights.
Quotes from Public Law 105-80 ()
“ Establishment Of Royalty Fees.—In determining royalty fees under this paragraph, the copyright arbitration royalty panel appointed under chapter 8 shall establish fees for the retransmission of network stations and superstations that most clearly represent the fair market value of secondary transmissions. ”
“ Proceedings.— Section 802 (h) of title 17, United States Code, is amended by amending paragraph (1) to read as follows: `` (1) Deduction of costs of library of congress and copyright office from royalty fees.—The Librarian of Congress and the Register of Copyrights may, to the extent not otherwise provided under this title, deduct from royalty fees deposited or collected under this title the reasonable costs incurred by the Library of Congress and the Copyright Office under this chapter. Such deduction may be made before the fees are distributed to any copyright claimants. ”
