S 1792
108th Congress
Senate
Taxation
Agriculture and Food
Alcoholic beverages
Art
Artists
Arts, Culture, Religion
Authors and authorship
Books
Capital gains tax
Charitable contributions
Coins and coinage
Copyright
Finance and Financial Sector
Government Operations and Politics
Government paperwork
Income tax
Intellectual property
Jewelry trade
Literature
Metals
Art and Collectibles Capital Gains Tax Treatment Parity Act
Introduced: October 28, 2003
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 28, 2003
Read twice and referred to the Committee on Finance.
Oct 28, 2003
Introduced in Senate
Plain-English summary
Art and Collectibles Capital Gains Tax Treatment Parity Act - Amends the Internal Revenue Code to provide art and collectibles with the same capital gain rates as other assets held long-term.
Establishes a (limited) fair market value deduction for qualifying literary, musical, artistic, or scholarly charitable contributions created and donated by the taxpayer.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1