More on the Artist Museum Partnership Act

Roland Augustine of the Art Newspaper recently reported on the Artist Museum Partnership Act. If you may recall, the Artist Museum Partnership act is a bi-partisan congressional bill to allow artist to donate to charities and museums in the same manner as individuals and collectors.

On September 6th the AW Blog reported on the 50 Artists for 50 States campaign, to read that post click HERE. A month earlier I also posted on both the Senate and House versions of the bill on August 6th with links to the actual House and Senate bills. To read that post, click HERE.

The Art Newspaper report states The Artist Museum Partnership Act would have the greatest impact on smaller, regional, museums. These institutions need assistance in expanding their collections. Donations by artists would bring American contemporary art to new communities and increase the audience around the nation. Incentives for artists to donate their works will help ensure that significant American cultural assets will remain in the United States and not be lost to other countries. To bring greater awareness to the issue, the Art Dealers Association of America has launched 50 Artists for 50 States, a national initiative to coordinate pledges by some of the country’s leading artists for donation to a museum in each of the 50 states. These donations would take place only with the passage of the Artist Museum Partnership Act. This legislation will support equal treatment for artists and help develop museum collections.

If the bill is passed, it would certainly create more work for appraisers. It is something all personal property appraisal groups should support as well as all appraisers.

To read the Art Newspaper article, click HERE.