Artist-Museum Partnership Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Apr 14, 2015)
Artist-Museum Partnership Act
Amends the Internal Revenue Code to allow taxpayers who create literary, musical, artistic, or scholarly compositions or similar property a fair market value (determined at the time of contribution) tax deduction for contributions of such properties, the copyrights thereon, or both, to certain tax-exempt organizations, if such properties are properly appraised and are donated no less than 18 months after their creation. Limits the amount of such deduction based upon the donor's artistic adjusted gross income, as defined by this Act.
What just happenedApr 14, 2015
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2174-2175)
Who’s behind it
- Introduced in SenateApr 14, 2015
- Apr 14, 2015IntroReferral
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2174-2175)
Finance Committee - Apr 14, 2015IntroReferral10000
Introduced in Senate