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).
Actions
Apr 4, 2001
Read twice and referred to the Committee on Finance.
Apr 4, 2001
Sponsor introductory remarks on measure. (CR S3444-3445)