A bill to provide an opportunity for taxpayers to make financial contributions, in connection with the payment of their Federal income tax, for the advancement of the arts and the humanities.

Summary

Permits taxpayers to designate on their income tax returns an election to contribute any portion of their income tax refunds or any additional contributions forwarded with the returns to support of the arts or the humanities. Directs the Secretary of the Treasury to modify income tax return forms to notify taxpayers of their option to contribute. Authorizes the transfer of 50 percent of amounts designated for the support of the arts to the National Endowment for the Arts (Arts Endowment) and 50 percent of amounts so designated, on a proportionate basis, to State arts agencies. Treats payments of funds to the Arts Endowment and to such agencies as donations from private persons and not as Federal assistance. Imposes restrictions on the use of transferred funds for administrative expenses or for research projects or studies. Sets forth requirements for the use of specified percentages of funds transferred to the Arts Endowment or to a State arts agency. Authorizes the transfer of 80 percent of amounts designated for the support of the humanities to the National Endowment for the Humanities (Humanities Endowment) and 20 percent of amounts so designated, on a proportionate basis, to State humanities entities. Treats payments of funds to the Humanities Endowment and to such entities as donations from private persons and not as Federal assistance. Imposes restrictions on the use of funds transferred to the Humanities Endowment for administrative expenses. Sets forth requirements for the use of specified percentages of funds transferred to the Humanities Endowment or to a State humanities entity. Prohibits any entity to which funds are paid under this Act from requiring any applicant for funds to meet any matching requirement. Prohibits the use of funds raised under this Act for grants to any endowment funds or for other investment purposes. Limits grants made to institutions from funds received under this Act according to the operating budgets of the institutions.

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1 official file

• Introduced in House

  summary · EN · 30 April 1981

  Open at official source

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