HR 3881
110th Congress
House
Taxation
Charitable contributions
Gifts
Income tax
Standards
Tax deductions
Valuation
Promotion of Artistic Giving Act of 2007
Introduced: October 17, 2007
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 17, 2007
Referred to the House Committee on Ways and Means.
Oct 17, 2007
Introduced in House
Oct 17, 2007
Sponsor introductory remarks on measure. (CR E2163)
Plain-English summary
Promotion of Artistic Giving Act of 2007 - Amends the Internal Revenue Code to: (1) extend the deadline for completing the charitable contribution of a gift; (2) provide for a valuation standard for gifts in excess of $1 million; and (3) repeal certain valuation rules for subsequent and fractional gifts.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1