Sunday, April 19, 2015

"Both bills have been proposed repeatedly in recent years, but have never successfully passed into law."

The bills are Jerrod Nadler's resale royalty bill and the oft-introduced fair-market-deduction-for-artists bill. Julia Halperin has the story in The Art Newspaper.

Speaking of bills with no realistic chance of passing, the House voted this week to repeal the estate tax.