A bill to modify the restrictions contained in section 170(e) of the Internal Revenue Code in the case of certain contributions of literary, musical, or artistic composition, or similar property.

Summary

Revises the Internal Revenue Code to provide that the allowable dollar amount of the tax deduction taken for a charitable contribution which is of a musical, artistic, or similar nature shall be the fair market value of such property at the time of contribution.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 8 May 1975

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 8 May 1975

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 May 1975

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 8 May 1975

  Open at official source

Sponsors

• Rep. Koch, Edward I. [D-NY-18] · D · Sponsor
• Rep. Beard, Edward [D-RI-2] · D · Cosponsor
• Rep. Burton, Phillip [D-CA-6] · D · Cosponsor
• Rep. Eilberg, Joshua [D-PA-4] · D · Cosponsor
• Rep. Harrington, Michael J. [D-MA-6] · D · Cosponsor
• Rep. Ottinger, Richard L. [D-NY-24] · D · Cosponsor
• Rep. Rees, Thomas M. [D-CA-23] · D · Cosponsor
• Rep. Rosenthal, Benjamin S. [D-NY-8] · D · Cosponsor
• Rep. Scheuer, James H. [D-NY-11] · D · Cosponsor
• Rep. Spellman, Gladys Noon [D-MD-5] · D · Cosponsor
• Rep. Gilman, Benjamin A. [R-NY-26] · R · Cosponsor
• Rep. Mikva, Abner J. [D-IL-10] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to → A bill to modify the restrictions contained in section 170(e) of the Internal Revenue Code in the case of certain contributions of literary, musical, or artistic composition, or similar property.