Summary: S.2225 — 97th Congress (1981-1982)All Information (Except Text)

There is one summary for S.2225. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (03/17/1982)

Artist's Tax Equity and Donation Act of 1982 - Amends the Internal Revenue Code to allow an income tax deduction for the current fair market value of a literary, musical, or artistic composition created by the taxpayer and contributed to a charitable organization. Disallows a fair market value deduction for a contribution of property which was produced while the taxpayer was a Government officer or employee if such property arose out of the performance of the taxpayer's duties.