US Congress Senate Bill 931 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 2)
Status: Introduced on April 14 2015 - 25% progression, died in committee
Action: 2015-04-14 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2174-2175)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

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

Sen. Patrick Leahy [D-VT]

Sen. Tom Udall [D-NM]

Date	Chamber	Action
2015-04-14	Senate	Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2174-2175)

HB4948 (Related) 2016-04-14 - Referred to the House Committee on Ways and Means.
SB2648 (Related) 2016-03-08 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/senate-bill/931/all-info
Text	https://www.congress.gov/114/bills/s931/BILLS-114s931is.pdf