S.2648: CREATE Act of 2016

About This Bill

Bill Sponsor

Bill Summary

Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy Act of 2016 or the CREATE Act of 2016 This bill amends the Internal Revenue Code to prescribe a special rule for the deduction from a creator's gross income of the fair market value of a qualified artistic charitable contribution by the creator to a tax-exempt charitable organization of any literary, musical, artistic, or scholarly composition, or similar property,...

(Source: Library of Congress)

Bill Actions

Date Description
March 8, 2016
Read twice and referred to the Committee on Finance.
March 8, 2016

Introduced in the Senate by Tom Udall (D-N.M.)

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