Bipartisan legislation would simply allow artists to take a fair-market value deduction for works given to and retained by nonprofit institutions
Please forward the link below to all of your artist and
art loving friends -
This artist deduction bill (S.548) would give artists
the right to deduct the fair market value of their work when donating it
to a charity. We artists are always asked to donate work to charitable
causes for fundraising purposes but when our work is auctioned, the
buyer gets the benefit of being allowed to deduct their contribution
above the market value, whereas the contributing artists and artisans
can only deduct the amount of the material costs of creating their work
(the cost of paint, canvas, clay, paper...)
This bill is non-partisan and fair. Please click on this
link and simply by typing in your zip code, a letter of support will be
sent to your particular senators and congressmen.
americans for the arts
Federal: Urge Members of Congress to Co-Sponsor the Artist Deduction Bill Write to Your Members of Congress Now!
Stage Left by Michael Orwick 30x24 oils on canvas available
Americans for the Arts Responds to President’s FY09 BudgetFebruary 05, 2008—Americans for the Arts President and CEO Robert L. Lynch released a statement today following the release of the President’s budget for FY 2009:
"On the heels of signing the largest Congressionally-initiated funding increase for the arts in 28 years, President Bush has proposed a senseless $16.3 million cut for FY 2009 for the National Endowment for the Arts (NEA)—from $144.7 million to $128.4 million. After three years of minimal, but incremental, funding growth, we are sorry to see an attempt at this progress erased. Americans for the Arts calls on Congress to restore full funding to the NEA at its FY 1992 level of $176 million .... In May 2007, the House Interior Appropriations Subcommittee, led by Chairman Norm Dicks (D-WA), approved $160 million in funding for the NEA—$32 million more than the White House’s FY2008 proposal. We applaud Congress for its continued and significant support of federal arts and culture funding."