S.287: Artist-Museum Partnership Act

About This Bill

Bill Summary

Artist-Museum Partnership Act - 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 memoranda from such treatment.Limits such increased deduction to the donor's artistic adjusted income (as defined by this Act).

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
Sponsor introductory remarks on measure.
Feb. 4, 2003

Introduced in the Senate by Patrick J. Leahy (D-Vt.)

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