HR 1524
110th 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
Artist-Museum Partnership Act
Introduced: March 14, 2007
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 14, 2007
Referred to the House Committee on Ways and Means.
Mar 14, 2007
Introduced in House
Plain-English summary
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 sooner 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's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1