; table of contents. TITLE I—Support for artists and entrepreneurs Sec. 101. Charitable contributions of certain items created by the taxpayer. Sec. 102. Microloan program expansion. Sec. 103. SBA business loans for the creative economy. Sec. 104. SBA technical assistance programs. Sec. 105. Arts-focused economic development. Sec. 106. Arts-focused rural development. Sec. 107. International participation in the arts. Sec. 108. Disaster support for artists through FEMA. TITLE II—Support for the creative economy Sec. 201. Modification of rules for charitable contributions of fractional gifts. Sec. 202. Capital gains tax rate relating to art. TITLE III—Creative community development Sec. 301. Artist corps. Sec. 302. Community development entities focused on the arts for purposes of the new markets tax credit. Sec. 303. Demonstration program on support of local programs that promote creative and performance arts in local economic planning. I Support for artists and entrepreneurs 101. Charitable contributions of certain items created by the taxpayer (a) In general Subsection (e) of section 170 of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: (8) Special rule for certain contributions of literary, musical, or artistic compositions (A) In general In the case of a qualified artistic charitable contribution— (i) the amount of such contribution shall be the fair market value of the property contributed (determined at the time of such contribution), and (ii) no reduction in the amount of such contribution shall be made under paragraph (1). (B) Qualified artistic charitable contribution For purposes of this paragraph, the term qualified artistic charitable contribution means a charitable contribution of any literary, musical, artistic, or scholarly composition, or similar property, or the copyright thereon (or both), but only if— (i) such property was created by the personal efforts of the taxpayer making such contribution no less than 18 months prior to such contribution,