; (B) 4 labor representatives in the arts industry; and (C) 4 emerging artists. (2) Terms of service Each member of the Commission shall serve a 6-year term. (c) Compensation Members of the Committee shall receive compensation for their service on the Committee. 4. Definitions In this Act: (1) Allowable costs The term allowable costs means any costs associated with developing, producing, and performing art, including costs associated with reserving space, studio time, third-party personnel costs, third-party production costs, and marketing. (2) Emerging artist The term emerging artist means an artist who— (A) has individually earned, from the art of such artist, less than $50,000 in net earnings during the previous 5 years and not more than $400,000 in net earnings during the previous 20 years; (B) has evidence of regular creative practice; (C) produces or presents projects or programs that are relevant to the community and accessible to the public; and (D) meets any other requirements of the Secretary of Labor for purposes of this Act. (3) Project The term project has the meaning given the term in section 3 of the National Foundation on the Arts and Humanities Act of 1965 ( 20 U.S.C. 952 ).