US HB1126 | 2009-2010 | 111th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 79-15)
Status: Introduced on February 23 2009 - 25% progression, died in committee
Action: 2009-02-23 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 23 2009 - 25% progression, died in committee
Action: 2009-02-23 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Artist-Museum Partnership Act of 2009 - 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.
Title
Artist-Museum Partnership Act of 2009
Sponsors
History
Date | Chamber | Action |
---|---|---|
2009-02-23 | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB394 (Related) 2009-02-09 - Read twice and referred to the Committee on Finance.
SB405 (Related) 2009-02-10 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2082)
SB405 (Related) 2009-02-10 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2082)
Subjects
Art, artists, authorship
Income tax deductions
Literature
Music
Social work, volunteer service, charitable organizations
Taxation
Income tax deductions
Literature
Music
Social work, volunteer service, charitable organizations
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/111th-congress/house-bill/1126/all-info |
Text | https://www.congress.gov/111/bills/hr1126/BILLS-111hr1126ih.pdf |