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United States · Bill · S

S. 1792 (108th)

Art and Collectibles Capital Gains Tax Treatment Parity Act

referredUnited States· United States Congress· EN

Introduced

28 October 2003

Last action

28 October 2003 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Domenici, Pete V. [R-NM], Sen. Schumer, Charles E. [D-NY], Sen. Bennett, Robert F. [R-UT], Sen. Santorum, Rick [R-PA], Sen. Bunning, Jim [R-KY], Sen. Warner, John [R-VA], Sen. Bingaman, Jeff [D-NM], Sen. Cochran, Thad [R-MS], Sen. Campbell, Ben Nighthorse [R-CO], Sen. Allen, George [R-VA], Sen. Reid, Harry [D-NV], Sen. Crapo, Mike [R-ID], Sen. Miller, Zell [D-GA], Sen. Lott, Trent [R-MS], Sen. Coleman, Norm [R-MN], Sen. Craig, Larry E. [R-ID], Sen. Burns, Conrad R. [R-MT], Sen. Jeffords, James M. [I-VT], Sen. Shelby, Richard C. [R-AL], Sen. Chambliss, Saxby [R-GA], Sen. Allard, Wayne [R-CO]

Subjects

Taxation

Source updated

18 August 2025

Taxation

Summary

Art and Collectibles Capital Gains Tax Treatment Parity Act - Amends the Internal Revenue Code to provide art and collectibles with the same capital gain rates as other assets held long-term. Establishes a (limited) fair market value deduction for qualifying literary, musical, artistic, or scholarly charitable contributions created and donated by the taxpayer.

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

Timeline

  1. 28 October 2003

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 28 October 2003

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 28 October 2003

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 28 October 2003

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 28 October 2003

    Open at official source

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Sponsors

Related records

Sources

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