Mr. Speaker, the $30 million is money that is collected from users for accessing the works of artists. However, in this digital age, it is virtually impossible to lock down everything.
Many years ago, a method for compensating artists was developed. Money was put into a fund from which artists drew. As the bill stands now, that money would no longer be available. The private copy levy placed on cassettes, CDs and CD-Rs, which is a nominal fee of 27ยข per disc, is where that money came from. With the advent of other forms of digital media, CDs are virtually becoming obsolete and this money has been in decline since approximately 2006.
That is what the bill must provide compensation for. It expropriates that money without providing any form of compensation.