Artist-Museum Partnership ACT

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Artist-Museum Partnership Act is a United States bill that was proposed to amend the Internal Revenue Code of 1986 to allow taxpayers who create literary, musical, artistic, or scholarly compositions or similar property a fair market value tax deduction for contributions of such properties, the copyrights thereon, or both, to certain tax-exempt organizations, if such properties are properly appraised and are donated no sooner than 18 months after their creation. The bill would place limits on the amount of such deduction based upon the donor's artistic adjusted gross income, as defined by this Act.