Bill Would Limit How New York Museums Could Use Money From Sales of Artworks - NYTimes.com

Bill Would Limit How New York Museums Could Use Money From Sales of Artworks - NYTimes.com: "Selling parts of a collection to cover museum operating costs would be illegal under a bill introduced in the New York State Legislature late Tuesday afternoon. The bill, drafted by Assemblyman Richard L. Brodsky in collaboration with the New York State Board of Regents and the Museum Association of New York, would prohibit museums from using proceeds from the sale of artworks “for traditional and customary operating expenses.”"