HB 17-1092 Summary

• Requires performing rights societies to provide proprietors at least three business days written notice before executing music licensing contracts, with proprietors retaining the right to rescind within three business days of signing.

• Prohibits performing rights societies from charging proprietors royalties for nondramatic musical works when another entity has already licensed those performances with the society.

• Mandates performing rights societies to annually file form contracts and royalty rate schedules with the Colorado Secretary of State and make them available online at no charge to proprietors and the public.

• Requires performing rights societies to publish an online catalog of all nondramatic musical works they license for retail establishments, updated within thirty business days of adding or removing works.

• Increases minimum damages for proprietors who prevail in enforcement actions from one thousand to two thousand dollars and allows recovery of attorney fees and costs, with contracts subject to material information disclosure requirements.