H.R.806 - Artists' Contribution to American Heritage Act of 2003108th Congress (2003-2004)
Summary: H.R.806 — 108th Congress (2003-2004)
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.
Introduced in House (02/13/2003)
Limits such increased deduction to the donor's artistic adjusted income (as defined by this Act).