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Monday, 19 September 2016 13:55

A New Bill Aims to Protect Art Loans to the U.S.

Looted art during World War II. Looted art during World War II. Wikipedia

After years of debate, the Senate Judiciary Committee approved the Foreign Cultural Exchange Jurisdictional Immunity Clarification Act—a bill aimed at safeguarding artworks on loan to the United States for exhibitions. While the legislation is meant to encourage foreign countries to send important works abroad by assuaging fears that they will be seized, opponents believe that the Act could end up protecting looted artworks and artifacts. The current iteration of the bill exempts the descendents of the owners of works plundered during World War II as well as works seized from a targeted group by a foreign government after 1900.

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