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Is every homogeneous line bundle pulled back from the quotient stack?
Let $G= \mathbb{G}_m^k$ act on a variety $X$.
Let $\mathcal{L}$ be a line bundle on $X$ and assume that for each $g \in G$ the pullback $g^\star \mathcal{L}$ is isomorphic to $\mathcal{L}$.
Does it ...