H.R. 806 · 108th Congress
Artists' Contribution to American Heritage Act of 2003
- Stage
- In committee
- Sponsor
- Amo Houghton
- Introduced
- 2003-02-13
- Latest action
- 2003-02-13 · Introduced in House
Summary
Artists' Contribution to American Heritage Act of 2003 - 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).