H.R. 3881 · 110th Congress
Promotion of Artistic Giving Act of 2007
- Stage
- In committee
- Sponsor
- Tom Udall
- Introduced
- 2007-10-17
- Latest action
- 2007-10-17 · Introduced in House
Summary
Promotion of Artistic Giving Act of 2007 - Amends the Internal Revenue Code to: (1) extend the deadline for completing the charitable contribution of a gift; (2) provide for a valuation standard for gifts in excess of $1 million; and (3) repeal certain valuation rules for subsequent and fractional gifts.