Artists' Contribution to American Heritage Act of 2001
Last action on Apr 26, 2001Referred to the House Committee on Ways and Means.
Take Action
Summary
Artists' Contribution to American Heritage Act of 2001 - Amends the Internal Revenue Code to provide a fair market value (determined at time of contribution) deduction for charitable contributions of literary, musical, artistic, scholarly compositions, or the copyright created by a qualifying donor. Exempts certain non-personal letters and memorandum from such treatment.
Limits such increased deduction to the donor's artistic adjusted income (as defined by this Act).
Lifecycle of the Bill
No events recorded for this stage yet.
