; (2) in paragraph (3)— (A) by striking nonprofit agent designated and inserting nonprofit collective designated by the Copyright Royalty Judges ; (B) by striking another designated agent and inserting another designated nonprofit collective ; and (C) by striking agent and inserting collective each subsequent place it appears; (3) in paragraph (4)— (A) by striking designated agent and inserting nonprofit collective ; and (B) by striking agent and inserting collective each subsequent place it appears; and (4) by adding at the end the following new paragraph: (7) Preemption of State property laws The holding and distribution of receipts under section 112 and this section by a nonprofit collective designated by the Copyright Royalty Judges in accordance with this subsection and regulations adopted by the Copyright Royalty Judges shall supersede and preempt any State law (including common law) concerning escheatment or abandoned property, or any analogous provision, that might otherwise apply. . 303. Effective date (a) In general Except as provided in subsection (b), this title and the amendments made by this title shall take effect on the date of the enactment of this Act. (b) Delayed effective date The effective date for paragraphs (5)(B) and (6)(E) of section 114(g) of title 17, United States Code, as added by section 302, shall be January 1, 2020.