A bill to amend the Internal Revenue Code of 1954 to increase the amount allowable as a deduction for charitable contributions of certain items created by the taxpayer.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that the income tax deduction for charitable contributions of copyrighted, literary, musical, or artistic compositions, a letter, a memorandum, or similar property created by the taxpayer shall not be reduced by a percentage of the long-term appreciation, as currently required for other types of tangible personal property. Excludes any letter, memorandum, or similar property created by a government officer or employee acting in an official capacity from the category of artistic or literary creation for the purposes of this Act.…