Another piece of legislation looking to distribute the money made from recordings has hit the Hill. Less than a month after the Songwriter Equity Act was re-introduced and nearly a month after the Local Radio Fairness Act's introduction, Rep. Joe Crowley (D-NY) and Rep. Tom Rooney (R-FL) have put forth the Allocation for Music Producers Act (AMP, H.R. 1457), meant to create a statutory framework for producers, mixers and engineers to gain partial royalty rights to the songs they work on.
The bill piggybacks on the previously established "Letter of Direction" process, which would allow artists to designate a portion of the 45% royalty rate they receive for digital broadcasts of their work to the producer of the work. The payouts would be managed by SoundExchange.