RAIN: Radio and Internet Newsletter reports that the Small Webcaster Amendments Act of 2002 (a.k.a. H.R. 5469), which would have provided webcasters a “percentage of revenue” option to the “per-performance” rate determined by the Librarian of Congress, failed to reach the Senate floor on the final day of the Congressional session — reportedly the victim of a “hold” by North Carolina Republican Senator Jesse Helms.
See also this Blogcritics.com post that provides details of the pros and cons of the agreement and the behind the scenes maneuvering by certain Senators to stall its passage.