S 694
107th Congress
Senate
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
Artist-Museum Partnership Act
Introduced: April 4, 2001
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 4, 2001
Read twice and referred to the Committee on Finance.
Apr 4, 2001
Sponsor introductory remarks on measure. (CR S3444-3445)
Apr 4, 2001
Introduced in Senate
Plain-English summary
Artist-Museum Partnership Act - 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 memoranda from such treatment.
Limits such increased deduction to the donor's artistic adjusted income (as defined by this Act).
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1