3.0.0 931 2023-01-11T13:27:24Z 2023-01-11T13:27:24Z Senate S 2015-04-14 114 ssfi00 Finance Committee Senate Standing Referred to 2015-04-14T20:12:42Z Artist-Museum Partnership Act of 2015 114 4948 HR 2016-04-14 Referred to the House Committee on Ways and Means. Related bill CRS CREATE Act of 2016 114 2648 S 2016-03-08 Read twice and referred to the Committee on Finance. Related bill CRS 2015-04-14 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2174-2175) IntroReferral 2015-04-14 Introduced in Senate IntroReferral 10000 9 Library of Congress L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT N U000039 Sen. Udall, Tom [D-NM] TOM UDALL D NM 2015-09-30 False Taxation Art, artists, authorship Books and print media Charitable contributions Income tax deductions Intellectual property Literature Music Tax-exempt organizations Taxation 00 2015-04-14 Introduced in Senate 2015-05-06T21:00:23Z 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 less 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.

]]> Artist-Museum Partnership Act Display Title Artist-Museum Partnership Act Official Title as Introduced A bill 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. Introduced in Senate IS Short Titles as Introduced Artist-Museum Partnership Act Introduced in Senate 2015-04-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s931is/xml/BILLS-114s931is.xml 2015-04-14 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2174-2175) 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.