Artist-Museum Partnership Act of 2015

Summary

Artist-Museum Partnership Act of 2015 This bill amends the Internal Revenue Code to allow 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.

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Timeline

1. 14 April 2016

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 14 April 2016

   Introduced

   Introduced in House

   Source: IntroReferral

3. 14 April 2016

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 14 April 2016 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 14 April 2016

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 14 April 2016

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 14 April 2016

  Open at official source

Sponsors

• JOHN LEWIS · D · Sponsor
• Vern Buchanan · R · Sponsor
• LOUISE SLAUGHTER · D · Cosponsor
• Zoe Lofgren · D · Cosponsor
• Rep. Beatty, Joyce [D-OH-3] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to → CREATE Act of 2016
• related to → Artist-Museum Partnership Act of 2017
• related to → Artist-Museum Partnership Act