Artist-Museum Partnership Act

Fact Sheet API

Bill Number

S 287

Introduced

Feb 4, 2003

Latest Action

Sponsor introductory remarks on measure. (CR S5014-5015)

Sponsor

Cosponsors

Topics

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 Taxation Valuation

Full Text

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Votes

Summary

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 9, 2003

Sponsor introductory remarks on measure. (CR S5014-5015)
Feb 4, 2003

Read twice and referred to the Committee on Finance.
Feb 4, 2003

Sponsor introductory remarks on measure. (CR S1889-1890)
Feb 4, 2003

Introduced in Senate

Amendments

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