Guild
Advocacy
Working to raise industry standards, and improve the ability of visual creators to achieve satisfying
and rewarding careers.
Artists Tax Deduction for Donated Artwork Under Consideration
The Artist-Museum Partnership Act
Reintroduced in Congress
Show Congress Your Support! Click here
THE ARTIST-MUSEUM PARTNERSHIP ACT has been introduced on March
14, 2007 by Rep. John Lewis (D-GA) and Rep. Jim Ramstad (R-MN)
in the House of Representatives H.R. 1524 (House). S. 548 (Senate),
an Identical bill was introduced in the Senate by Senators Patrick
Leahy (D-VT) and Robert Bennett (R-UT).
The Graphic Artists Guild supports this bill wholeheartedly, and
has supported this bill since it was first introduced, but not
passed, in 2001.
We URGE YOU TO CONTACT YOUR CONGRESSIONAL REPRESENTATIVES
AND TELL THEM TO VOTE FOR THIS BILL.
It's easy! Send this message:
http://capwiz.com/artsusa/issues/alert/?alertid=9521951
from the Americans For the Arts web site. Their message is fine
with us, or write your own. [Americans For the Arts is a non-profit
education that promotes art education in schools and cultural arts
in communities.]
The bill supports individual artists by allowing us to take a fair-market
value tax deduction for artwork we donate to nonprofit collecting
and educational organizations, and it benefits the public by giving
them access to more art.
This bill will amend the Internal Revenue Code of 1986; "to
provide that a deduction equal to fair market value shall be allowed
for charitable contributions of literary, musical, artistic, or
scholarly compositions created by the donor." The 1986 tax
code allowed us to deduct only the actual value of the materials
used in the artwork.
This is a new and revised introduction of H.R. 1598 "ARTISTS'
CONTRIBUTION TO AMERICAN HERITAGE ACT'S. 694 "ARTIST-MUSEUM
PARTNERSHIP ACT" of 2001.
The text of the actual bills can be found on www.thomas.gov/ |