US HB1793 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 12-0)
Status: Introduced on March 14 2019 - 25% progression, died in committee
Action: 2019-03-14 - 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 14 2019 - 25% progression, died in committee
Action: 2019-03-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows taxpayers who create literary, musical, artistic, 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. The bill limits the amount of the deduction based upon the donor's artistic adjusted gross income, as defined by this bill.
Title
Artist-Museum Partnership Act of 2019
Sponsors
Rep. John Lewis [D-GA] | Rep. Danny Davis [D-IL] | Rep. Eleanor Norton [D-DC] | Rep. Alcee Hastings [D-FL] |
Rep. Joyce Beatty [D-OH] | Rep. Bill Pascrell [D-NJ] | Rep. Adriano Espaillat [D-NY] | Rep. Ami Bera [D-CA] |
Rep. Jim Cooper [D-TN] | Rep. David Cicilline [D-RI] | Rep. Pramila Jayapal [D-WA] | Sen. Adam Schiff [D-CA] |
History
Date | Chamber | Action |
---|---|---|
2019-03-14 | House | Referred to the House Committee on Ways and Means. |
2019-03-14 | House | Introduced in House |
Same As/Similar To
SB3232 (Related) 2020-01-28 - Read twice and referred to the Committee on Finance.
HB7487 (Related) 2020-09-30 - Referred to the Subcommittee on Economic Opportunity.
HB7487 (Related) 2020-09-30 - Referred to the Subcommittee on Economic Opportunity.
Subjects
Art, artists, authorship
Books and print media
Charitable contributions
Income tax deductions
Intellectual property
Literature
Music
Tax-exempt organizations
Taxation
Books and print media
Charitable contributions
Income tax deductions
Intellectual property
Literature
Music
Tax-exempt organizations
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/1793/all-info |
Text | https://www.congress.gov/116/bills/hr1793/BILLS-116hr1793ih.pdf |