HR 1598
107th Congress
House
Taxation
Art
Artists
Arts, Culture, Religion
Authors and authorship
Charitable contributions
Copyright
Finance and Financial Sector
Government Operations and Politics
Government paperwork
Income tax
Intellectual property
Literature
Music
Tax deductions
Tax returns
Valuation
Artists' Contribution to American Heritage Act of 2001
Introduced: April 26, 2001
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 26, 2001
Referred to the House Committee on Ways and Means.
Apr 26, 2001
Introduced in House
Plain-English summary
Artists' Contribution to American Heritage Act of 2001 - Amends the Internal Revenue Code to provide a fair market value (determined at time of contribution) deduction for charitable contributions of literary, musical, artistic, scholarly compositions, or the copyright created by a qualifying donor. Exempts certain non-personal letters and memorandum from such treatment.
Limits such increased deduction to the donor's artistic adjusted income (as defined by this Act).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1