Rep. Scott Raecker introduced a bill to force the University of Iowa to sell its magnificent Jackson Pollock, "Mural", to help trim the state budget. The painting, considered by many connoisseurs to be the finest American painting ever made, was donated by Peggy Guggenheim to the school in 1951, is now valued at $150,000,000 USD. The state Governor, Terry Branstad has spoken out against the idea, as have prominent philanthropists to the University. I am relieved to see that this cultural treasure and source of Iowan pride and identity will get to remain in its present home -- for now.
An image of the painting and article from The Smithsonian: [Link]
My source: [Link].