Introduced as a means of protecting the interests of artists, the artist resale right has become a controversial subject for many across the art trade. In a number of countries and jurisdictions around the world, living (and, in some cases, recently deceased) artists are entitled to a percentage share of the sum paid for an original artwork when it is resold, usually on the condition that the artwork is above a certain value. The Resale Rights Directive, which was implemented across the European Union in 2006, requires that artists receive a 4% share of the sale value of works sold for under €50,000, with the percentage decreasing as the sale price increases above that mark. The highest sum that can be paid to an artist upon the resale of a work is €12,500, which applies to all works sold for more than €2,000,000. Artists from the U.S. are out of luck, however, as there is currently no artist resale right in place in any state. Nonetheless, there may be a glimmer of hope for the starving artists of California. Though the state’s artist resale right law was repealed in May 2012, having been declared unconstitutional, a draft for a new law is currently under consideration.