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HR 444 97th Congress House Taxation Arts Arts, Culture, Religion Charitable contributions Income tax Public Welfare and Charities Tax deductions Valuation

A bill to amend the Internal Revenue Code of 1954 to remove certain limitations in the case of charitable contributions of literary, musical, or artistic compositions, or similar property.

Introduced: January 5, 1981 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 5, 1981
Referred to House Committee on Ways and Means.
Jan 5, 1981
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow an income tax deduction for the current fair market value of a literary, musical, or artistic composition created by the personal efforts of the taxpayer and contributed to a charitable organization. Disallows a fair market value deduction for a contribution of property which was produced while the taxpayer was a Government officer or employee if such property arose out of the performance of the taxpayer's duties.

What's happening now January 5, 1981

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2