It is a tangentally effective policy memo. It highlights the will of the status quo lobby to influence Steve Scalise and quash dialog on the issue.
Khanna's specific proposal says:
A. Free 12-year copyright term for all new works – subject to registration, and all existing works are renewed as of the passage of the reform legislation. If passed today this would mean that new works have a copyright until 2024.
B. Elective-12 year renewal (cost 1% of all United States revenue from first 12 years – which equals all sales).
C. Elective-6 year renewal (cost 3% of revenue from the previous 12 years).
D.Elective-6 year renewal (cost 5% of revenue in previous 6 years).
E. Elective-10 year renewal (10% of ALL overall revenue – fees paid so far)
This proposal would terminate all copyright protection after 46 years.
Depends on a variety of factors including which regulations are governing the data. Some privacy laws require such records can't leave the country in which they're obtained. Other records have strict rules about disposition or "destruction" of the record. It's a complex field and wide open with questions.
From courts to records managers/custodians everyone is still trying to understand those questions. In my experience, when in doubt, big business decides the safest legal answer is "probably not".
Lets all hide our weirdness at home. Lets not demonstrate to all miniature societies that weirdness exists in the world and its beautiful. Lets sit at home and wonder why the world is so different from ourselves and loath it.
Khanna's specific proposal says:
A. Free 12-year copyright term for all new works – subject to registration, and all existing works are renewed as of the passage of the reform legislation. If passed today this would mean that new works have a copyright until 2024.
B. Elective-12 year renewal (cost 1% of all United States revenue from first 12 years – which equals all sales).
C. Elective-6 year renewal (cost 3% of revenue from the previous 12 years).
D.Elective-6 year renewal (cost 5% of revenue in previous 6 years).
E. Elective-10 year renewal (10% of ALL overall revenue – fees paid so far)
This proposal would terminate all copyright protection after 46 years.