Volunteer Driver Tax Appreciation Act of 2019

Bill: 116-hr-2072
Sponsor: full_name: Rep. Peterson, Collin C. [D-MN-7]
Introduced: 2019-04-03
Policy area: Taxation
Subjects: Charitable contributions

Income tax deductions

Motor vehicles

Social work, volunteer service, charitable organizations

Transportation costs
Latest action: action_date: 2019-04-03
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2019-04-03
action_desc: Introduced in House
text: <p><b>Volunteer Driver Tax Appreciation Act of 2019</b></p> <p>This bill increases the standard mileage rate for the tax deduction for the charitable use of a passenger automobile. The bill increases the rate from the standard charitable rate of 14 cents per mile to the standard business mileage rate (58 cents per mile for 2019). </p>

tv_txt: I 116th CONGRESS 1st Session H. R. 2072 IN THE HOUSE OF REPRESENTATIVES April 3, 2019 Mr. Peterson (for himself and Mr. Stauber ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to equalize the charitable mileage rate with the business travel rate.

1. Short title This Act may be cited as the Volunteer Driver Tax Appreciation Act of 2019 . 2. Increase in charitable mileage rate (a) In general Subsection (i) of section 170 of the Internal Revenue Code of 1986 is amended by striking 14 cents per mile and inserting the rate determined by the Secretary, which rate shall not be less than the standard mileage rate used for purposes of sections 162 and 212 . (b) Effective date The amendment made by this section shall apply to taxable year beginning after December 31, 2018.