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United States · Bill · S

S. 548 (110th)

Artist-Museum Partnership Act

referredUnited States· United States Congress· EN

Introduced

12 February 2007

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1852-1853)

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Artist-Museum Partnership Act - Amends the Internal Revenue Code to allow taxpayers who create literary, musical, artistic, or 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 sooner than 18 months after their creation. Limits the amount of such deduction based upon the donor's artistic adjusted gross income, as defined by this Act.

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Documents

3 official files

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Sources

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