§ 44-30-24 - Tax credit for art.
SECTION 44-30-24
§ 44-30-24 Tax credit for art. – Upon presentation of written certification by the board of curators, anindividual shall be entitled to a tax credit. The tax credit shall be equal toten percent (10%) of each one thousand dollars ($1,000) of the purchase priceof the art up to a maximum purchase price of ten thousand dollars ($10,000).Any amount of tax credit not deductible in the taxable year of certificationmay not be carried over to the following year. The credit may not be applieduntil all other credits available to the taxpayer for that taxable year areapplied.