H.R.1524 - Artist-Museum Partnership Act

To amend the Internal Revenue Code of 1986 to provide that a deduction equal to fair market value shall be allowed for charitable contributions of literary, musical, artistic, or scholarly compositions created by the donor. view all titles (2)

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  • Official: To amend the Internal Revenue Code of 1986 to provide that a deduction equal to fair market value shall be allowed for charitable contributions of literary, musical, artistic, or scholarly compositions created by the donor. as introduced.
  • Short: Artist-Museum Partnership Act as introduced.

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Introduced
 
House
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Senate
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President
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03/13/07
 
 
 
 
 
 
 

Official Bill Text Comment on about 5 Pages

Sponsor

Representative

John Lewis

D-GA

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Official Summary

3/14/2007--Introduced.Artist-Museum Partnership Act - Amends the Internal Revenue Code to allow taxpayers who create literary, musical, artistic, or scholarly compositions or similar property a fair market value (determined at the time of contribution) tax deduction for contributions of su
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Official Summary

3/14/2007--Introduced.
Artist-Museum Partnership Act - Amends the Internal Revenue Code to allow taxpayers who create literary, musical, artistic, or scholarly compositions or similar property a fair market value (determined at the time of contribution) tax deduction for contributions of such properties, the copyrights thereon, or both, to certain tax-exempt organizations, if such properties are properly appraised and are donated no sooner than 18 months after their creation. Limits the amount of such deduction based upon the donor's artistic adjusted gross income, as defined by this Act.


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04/12/11
H.R.1524: Lead Act - U.S. Congress - OpenCongress

Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as possible. Thanks for helping to ... A bil

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12/30/08
Ohio.com - Mary Schiller Myers is missed

The Artist-Museum Partnership Act, H.R. 1524 and S. 548, would allow artists, writers and composers to take a fair-market tax deduction for contributions of their own works to nonprofit collecting institutions. ...

Source: Local News
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11/02/08
VOTE*VOTE*VOTE!

So far, 108 co-sponsors have signed on to HR 1524 in the House--breaking the record number set in 2004.There are also a record number of co-sponsors in the Senate, with 30 co-sponsors signing on to S. 548. ...

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