Art and Collectibles Capital Gains Tax Treatment Parity Act
Latest action · Oct 28, 2003 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedOct 28, 2003
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Establishes a (limited) fair market value deduction for qualifying literary, musical, artistic, or scholarly charitable contributions created and donated by the taxpayer.
Cosponsors 20
Members who signed on, in the order they did. Signatures ran from Oct 28, 2003 to May 18, 2004, with 5 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Charles E. Schumer | Original | Oct 28, 2003 |
| R-KY | Jim Bunning | Original | Oct 28, 2003 |
| R-VA | John Warner | Original | Oct 28, 2003 |
| R-PA | Rick Santorum | Original | Oct 28, 2003 |
| R-UT | Robert F. Bennett | Original | Oct 28, 2003 |
| D-NM | Jeff Bingaman | Nov 13, 2003 | |
| R-MS | Thad Cochran | Nov 21, 2003 | |
| D-CO | Ben Nighthorse Campbell | Jan 22, 2004 | |
| R-VA | George Allen | Feb 12, 2004 | |
| D-NV | Harry Reid | Mar 12, 2004 | |
| R-ID | Mike Crapo | Mar 12, 2004 | |
| D-GA | Zell Miller | Mar 12, 2004 | |
| R-MS | Trent Lott | Mar 25, 2004 | |
| R-MT | Conrad R. Burns | Mar 31, 2004 | |
| R-ID | Larry E. Craig | Mar 31, 2004 |
Actions 2
Everything that happened, newest first.
- Oct 28, 2003Introduced in Senate
- Oct 28, 2003Read twice and referred to the Committee on Finance.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 242 | Art and Collectibles Capital Gains Tax Treatment Parity Act | Related bill | Jan 29, 2003 |
Subjects
Assigned by the Library of Congress. Policy area: 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
- Music
- Platinum
- Postage stamps
- Precious metals
- Silver
- Tax deductions
- Tax rates
- Taxation
- Valuation
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.