US HB1190 | 2011-2012 | 112th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 28-6-1)
Status: Introduced on March 17 2011 - 25% progression, died in committee
Action: 2011-03-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 17 2011 - 25% progression, died in committee
Action: 2011-03-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Artist-Museum Partnership Act of 2011 - 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.
Title
Artist-Museum Partnership Act of 2011
Sponsors
Rep. John Lewis [D-GA] | Rep. Earl Blumenauer [D-OR] | Rep. Ben Chandler [D-KY] | Rep. Judy Chu [D-CA] |
Rep. Steve Cohen [D-TN] | Rep. Lloyd Doggett [D-TX] | Rep. Bob Filner [D-CA] | Rep. Virginia Foxx [R-NC] |
Rep. Gene Green [D-TX] | Rep. Raul Grijalva [D-AZ] | Rep. Luis Gutierrez [D-IL] | Rep. Rush Holt [D-NJ] |
Rep. Jesse Jackson [D-IL] | Rep. Henry Johnson [D-GA] | Rep. Dennis Kucinich [D-OH] | Rep. Carolyn Maloney [D-NY] |
Rep. Donald Manzullo [R-IL] | Rep. Betty McCollum [D-MN] | Rep. Jim McDermott [D-WA] | Rep. James McGovern [D-MA] |
Rep. Michael Michaud [D-ME] | Rep. Jerrold Nadler [D-NY] | Rep. Bill Pascrell [D-NJ] | Rep. Ron Paul [R-TX] |
Rep. Pedro Pierluisi [N-PR] | Rep. Todd Platts [R-PA] | Rep. David Price [D-NC] | Rep. Laura Richardson [D-CA] |
Rep. Steven Rothman [D-NJ] | Rep. Aaron Schock [R-IL] | Rep. Louise Slaughter [D-NY] | Rep. Mike Thompson [D-CA] |
Rep. Patrick Tiberi [R-OH] | Rep. Lynn Woolsey [D-CA] | Rep. John Yarmuth [D-KY] |
History
Date | Chamber | Action |
---|---|---|
2011-03-17 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB930 (Related) 2011-05-10 - Read twice and referred to the Committee on Finance.
Subjects
Art, artists, authorship
Income tax deductions
Literature
Music
Social work, volunteer service, charitable organizations
Taxation
Income tax deductions
Literature
Music
Social work, volunteer service, charitable organizations
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/house-bill/1190/all-info |
Text | https://www.congress.gov/112/bills/hr1190/BILLS-112hr1190ih.pdf |