S.394 - Art and Collectibles Capital Gains Tax Treatment Parity Act
A bill to amend the Internal Revenue Code of 1986 to provide the same capital gains treatment for art and collectibles as for other investment property and to provide that a deduction equal to fair market value shall be allowed for charitable contributions of literacy, musical, artistic, or scholarly compositions created by the donor. view all titles (2)
All Bill Titles
- Official: A bill to amend the Internal Revenue Code of 1986 to provide the same capital gains treatment for art and collectibles as for other investment property and to provide that a deduction equal to fair market value shall be allowed for charitable contributions of literacy, musical, artistic, or scholarly compositions created by the donor. as introduced.
- Short: Art and Collectibles Capital Gains Tax Treatment Parity Act as introduced.
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| Latest Actions View All Actions [3] | |
|---|---|
| Feb 8th | Read twice and referred to the Committee on Finance. |
| Feb 9th | |
| Feb 9th | Read twice and referred to the Committee on Finance. |

U.S. Congress - S.394 Art and Collectibles Capital Gains Tax Treatment Parity Act



