H.R. 147 · 108th Congress

Artists' Estate Tax Fairness Act

Stage
In committee
Introduced
2003-01-07
Latest action
2003-01-07 · Introduced in House

Summary

Artists' Estate Tax Fairness Act - Amends the Internal Revenue Code to permit the exclusion from the gross estate the value of each qualified work of artistic property held by the decedent at the time of death, if the decedent created such property. Requires the decedent to have held at least 50 qualified works at the time of death. Defines "qualified artistic property."