3.0.0 2648 2023-01-11T13:31:46Z 2023-01-11T13:31:46Z Senate S 2016-03-08 114 ssfi00 Finance Committee Senate Standing Referred to 2016-03-08T19:45:44Z Artist-Museum Partnership Act of 2015 114 4948 HR 2016-04-14 Referred to the House Committee on Ways and Means. Related bill CRS Artist-Museum Partnership Act 114 931 S 2015-04-14 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2174-2175) Related bill CRS Foreign Cultural Exchange Jurisdictional Immunity Clarification Act 114 3155 S 2016-09-15 Placed on Senate Legislative Calendar under General Orders. Calendar No. 632. Related bill CRS Foreign Cultural Exchange Jurisdictional Immunity Clarification Act 114 889 HR 2015-06-10 Received in the Senate. Related bill CRS ARTS Act of 2016 114 2510 S 2016-02-08 Read twice and referred to the Committee on the Judiciary. Related bill CRS Foreign Cultural Exchange Jurisdictional Immunity Clarification Act 114 6477 HR 2016-12-16 Became Public Law No: 114-319. Related bill CRS 2016-03-08 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2016-03-08 Introduced in Senate IntroReferral 10000 9 Library of Congress U000039 Sen. Udall, Tom [D-NM] TOM UDALL D NM N Commerce Administrative law and regulatory procedures Art, artists, authorship Books and print media Capital gains tax Charitable contributions Community life and organization Cultural exchanges and relations Department of Homeland Security Department of the Treasury Disaster relief and insurance Economic development Europe Federal Emergency Management Agency (FEMA) Foreign labor Germany Government lending and loan guarantees Government liability Historical and cultural resources Income tax deductions Intellectual property International law and treaties Jurisdiction and venue Literature Museums, exhibitions, cultural centers Music National and community service Performing arts Property rights Rural conditions and development Self-employed Small business Tax-exempt organizations Transfer and inheritance taxes Visas and passports War crimes, genocide, crimes against humanity Commerce 00 2016-03-08 Introduced in Senate 2017-08-29T14:27:43Z Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy Act of 2016 or the CREATE Act of 2016

This bill amends the Internal Revenue Code to prescribe a special rule for the deduction from a creator's gross income of the fair market value of a qualified artistic charitable contribution by the creator to a tax-exempt charitable organization of any literary, musical, artistic, or scholarly composition, or similar property, or the copyright thereon (or both).

The Small Business Act is amended to require the Small Business Administration to develop loan criteria, evaluation procedures, and technical assistance programs for small business concerns owned and controlled by artists as well as small business concerns that support the creative economy.

The Public Works and Economic Development Act of 1965 and the Consolidated Farm and Rural Development Act are amended to require the Departments of Commerce and of Agriculture, respectively, to support artists and the creative economy through grants and financial assistance for traditional economic development tools, including business incubators and economic development planning and technical assistance.

The Immigration and Nationality Act is amended to require the Department of Homeland Security (DHS) to adjudicate O and P visa petitions (nonimmigrant visas for aliens with extraordinary ability or achievement, and artists and entertainers) within 30 days after receiving such petitions and related documents.

The Federal Emergency Management Agency (FEMA) shall promulgate rules to ensure that expenses incurred, as a result of a major disaster or emergency, by a self-employed or freelance craft artist, fine artist, designer, literary artist, performing artist, or musician to repair or replace needed tools are considered eligible for disaster assistance.

The Internal Revenue Code is amended to revise both income and gift tax requirements for charitable contributions of fractional gifts, the valuation of subsequent gifts, and recapture of the charitable deduction.

The National and Community Service Act of 1990 is amended to authorize the recipient of a national service program grant to carry out such a program through an Artist Corps that identifies and meets unmet needs within communities through artistic activities.

The Department of the Treasury shall develop guidelines for the creation and operation of qualified community development entities focusing on investment in and the development and encouragement of the creative economy in low-income communities.

Commerce shall establish a demonstration program to assess the feasibility and advisability of supporting certain art community programs to promote creative and performing arts in the economic planning of local governments.

The federal judicial code is amended to grant a foreign state or certain carriers immunity from federal or state court jurisdiction for any activity in the United States associated with a temporary exhibition or display of a work of art or other object of cultural significance if the work of art or object meets specified criteria. This immunity shall not apply, however, in a case involving Nazi-era claims concerning the work of art or object of cultural significance.

]]> CREATE Act of 2016 Display Title CREATE Act of 2016 Official Title as Introduced A bill to assist entrepreneurs, support development of the creative economy, and encourage international cultural exchange, and for other purposes. Introduced in Senate IS Short Titles as Introduced CREATE Act of 2016 Short Titles as Introduced Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy Act of 2016 Introduced in Senate 2016-03-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s2648is/xml/BILLS-114s2648is.xml 2016-03-08 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.