To amend the Internal Revenue Code of 1986 to increase the standard mileage rate for charitable purposes to the standard mileage rate established by the Secretary of the Treasury for business purposes.

Fact Sheet API

Bill Number

HR 492

Introduced

Jan 29, 2003

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Automobiles Charitable contributions Income tax Tax deductions Taxation Transportation and Public Works Travel costs

Full Text

View Full Bill Text

Votes

Summary

Amends the Internal Revenue Code to increase the standard mileage rate deduction for the charitable use of passenger automobiles from 14 cents per mile to the standard mileage rate prescribed by the Secretary of the Treasury for business purposes.

Actions

Jan 29, 2003

Referred to the House Committee on Ways and Means.
Jan 29, 2003

Introduced in House

Amendments

Related Bills