IREA meaning in Internet ?

Answer:

What is Internet Radio Equality Act mean?

The Internet Radio Equality Act (IREA), originally introduced as H.R. 2060, is proposed legislation by Rep Jay Inslee (D) WA to nullify the May 1, 2007, determination of the Copyright Royalty Board (CRB) modifying the current webcast radio royalties and fees retroactively to January 1, 2006. The previous system charged radio stations a per performance rate of $0.000768, and it was that same rate from 1998-2005. The new system, effective May 1, 2007, increased that per-performance rate to the following levels: 2006=$0.0008, 2007=$0.0011, 2008=$0.0014, 2009=$0.0018, and 2010=$0.0019. This bill was introduced on April 26, 2007 by Rep. Jay Inslee (D-WA) and Rep. Donald Manzullo (R-IL) and has been cosponsored by over 100 members of the Congress. It was introduced in the Senate as S. 1353 on May 10 by Ron Wyden (D-OR) and Sam Brownback (R-KS). The bill's proponents claim that "the majority of webcasters will go bankrupt and silent" when the Copyright Royalty Board's decision takes effect unless the bill passes.

The legislation appears to have been abandoned in committee, as of July 19, 2008.

reference

Full Form	Category
Institutional Research Evaluation and Assessment	Academic & Science
Investment Real Estate Associates	Business
Inland Real Estate Acquisitions	Business
Intermountain Rural Electric Association	Community
Indian River Education Association	Community
Illinois Renewable Energy Association	Governmental
Iron Range Economic Alliance	Governmental
International Renewable Energy Alliance	Governmental
Investigation Revenue and Enforcement Administrator	Governmental
Internet Radio Equality Act	Internet