S.930 - 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 literary, 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 literary, 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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May 10, 2011Read twice and referred to the Committee on Finance.

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