Save Our Stages Act
Music Biz Applauds Pandemic Aid Package: ‘These Relief Provisions Will Save Lives and Livelihoods’
“We also welcome the inclusion of consensus-driven intellectual property reforms in the omnibus bill. The Copyright Alternative in Small-Claims Enforcement (CASE) Act and Protect Lawful Streaming Act (PLSA) will strengthen creators’ ability to protect their works against infringement online, and promote a safer, fairer digital environment, which are particularly needed as the arts struggle to survive the pandemic. We look forward to continuing our work to provide greater relief for the American creative community.” Chief among the music and entertainment-focused measures included in the bill is the Save Our Stages Act, which will provide $15 billion in relief funding for “live venues, independent movie theaters and cultural institutions” that have been devastated by coronavirus-related clo...
Congress Introduces Another Bill to Save Independent Music Venues
The ENCORES Act would provide relief in the form of tax credits on ticket refunds. A new bill in the House Representatives aims to keep struggling independent music venues afloat during the ongoing pandemic. Introduced Thursday by Reps. Ron Kind (D-WI) and Mike Kelly (R-PA), the Entertainments New Credit Opportunity for Relief & Economic Sustainability (ENCORES) Act would allow venues to recoup some of the losses they have experienced from issuing ticket refunds for canceled events by providing a tax credit for 50% of the value of those refunded tickets. To qualify under the proposed legislation, venues must be in the business of promoting, producing or managing live concerts, comedy shows, sporting events and live theatrical productions and have 500 or fewer employees. They must ...
