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S. 287

BillFederalSenateIntroduced
Artist-Museum Partnership Act
About This Bill
Introduced
Latest Action · April 9, 2003
Sponsor introductory remarks on measure. (CR S5014-5015)
Congress
108th (2003–2005)
Introduced
February 4, 2003
Cosponsors (21)
14D 6R
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Summary

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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).

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