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]

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.

Tracking Information

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Title

Artist-Museum Partnership Act of 2011

Sponsors


History

DateChamberAction
2011-03-17HouseReferred 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


US Congress State Sources


Bill Comments

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