Artist-Museum Partnership Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 30, 2017)
Artist-Museum Partnership Act of 2017
This bill amends the Internal Revenue Code to allow taxpayers who create literary, musical, artistic, 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. The bill limits the amount of the deduction based upon the donor's artistic adjusted gross income, as defined by this bill.
What just happenedMar 30, 2017
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseMar 30, 2017
- Mar 30, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Mar 30, 2017IntroReferralIntro-H
Introduced in House
- Mar 30, 2017IntroReferral1000
Introduced in House