Legislative record

RELATING TO THE STATE FOUNDATION ON CULTURE AND THE ARTS.

Permits the State Foundation on Culture and the Arts to sell artwork purchased with moneys from the works of art special funds as long as the artist or artists who created the work has died and the work is sold at a fair market value as determined by a third-party appraiser. Requires the proceeds of any sale of artwork purchased using moneys from the works of art special fund to be deposited into the works of art special fund.