Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · S

S. 242 (108th)

Art and Collectibles Capital Gains Tax Treatment Parity Act

referredUnited States· United States Congress· EN

Introduced

29 January 2003

Last action

29 January 2003 · Introduced

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1748-1849)

Sponsors

Sen. Domenici, Pete V. [R-NM], Sen. Bennett, Robert F. [R-UT], Sen. Bunning, Jim [R-KY], Sen. Warner, John [R-VA], Sen. Santorum, Rick [R-PA]

Subjects

Taxation

Source updated

10 February 2026

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. 29 January 2003

    Introduced

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1748-1849)

    Source: IntroReferral

  2. 29 January 2003

    Introduced

    Sponsor introductory remarks on measure. (CR S1747-1748)

    Source: IntroReferral

  3. 29 January 2003

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

View fileDownload file

This file cannot be previewed here. Use View or Download.

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in Senate (text)

    Introduced in Senate · EN · 29 January 2003

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 29 January 2003

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in Senate

    summary · EN · 29 January 2003

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.