31 Mar 2025
💳New Rule on Electronic Payment of Royalties for Businesses
Electronic Payment of Royalties Using Pay.gov
Summary
The Copyright Office is issuing a final rule to amend its regulations regarding the submission of royalty fees to the Copyright Office to require that all such fees be paid using Pay.gov.
Agencies
- Library of Congress
- Copyright Office
Business Impact
$$$ - High
The regulation mandates that all royalty fees be paid electronically via Pay.gov, creating a compliance requirement for businesses in the cable, satellite, and digital audio sectors. This affects cash flow management and necessitates familiarity with the new payment process.