United States · Bill · HR
H.R. 14748 (93rd)
A bill to amend the Internal Revenue Code of 1954 to provide an income tax credit for individuals for purchases of contemporary American art.
Introduced
13 May 1974
Last action
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Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Provides an income tax credit under the Internal Revenue Code of 1954 for individuals for purchases of contemporary American art. Limits such tax credit to $1000 per year or 10 percent of the amount of such purchases during the year. Allows a carryover and carryback of such a tax credit.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 13 May 1974
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/house-bill/14748
- Open data entity: https://api.congress.gov/v3/bill/93/hr/14748