I've gotten a few comments that seem to suggest this isn't happening, or that it isn't even being talked about at the federal level. I provided links in my previous post to make it easier to follow this story. Please, just follow the links my friends.
Go to GovTrack.us and you'll see the Bill S.2913 has been introduced to the Senate on April 24, 2008.
As the Full Report link in the previous post will show, this has been presented to the both the house and senate. This is the first step in the legislative process, which means it is being deliberated, investigated and revised before it enters into the general debate.
If artists don't get motivated about this, or believe this is a hoax or an internet rumor, then be prepared to lose the copyright protection you currently have. Make your voices heard so as to add balance to those who want to create the Orphan Works Act. Now is the time you should be giving your testimonies. Politicians have no idea what it is to be an artist, educate them. Or else we may lose the copyright protection to spread our pixie dust across the bloggosphere.