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Proposal:Artist-Museum Partnership Act of 2019

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.
Geographic Scope
National

Description

Artist-Museum Partnership Act of 2019

This bill allows taxpayers who create literary, musical, artistic, 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 less than 18 months after their creation. The bill limits the amount of the deduction based upon the donor's artistic adjusted gross income, as defined by this bill.

Bill Title

Artist-Museum Partnership Act of 2019

Linked Goals

Steps

  • 2019-03-14: Referred to the House Committee on Ways and Means.
  • 2019-03-14: Introduced in House
  • 2019-03-14: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.