S.3421 - A bill 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.

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  • Official: A bill 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. as introduced.

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Introduced
 
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House
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President
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07/31/08
 
 
 
 
 
 
 

Official Summary

8/1/2008--Introduced.Amends the Internal Revenue Code to increase the standard mileage rate for the tax 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 (50.5 cent

Official Summary

8/1/2008--Introduced.
Amends the Internal Revenue Code to increase the standard mileage rate for the tax 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 (50.5 cents per mile for January 1 through June 30, 2008, and 58.5 cents per mile for July 1 through December 31, 2008).


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Recent Blog Coverage

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11/25/08
PA Elder, Estate & Fiduciary Law Blog: "Meals on Wheels" Feeding ...

The Charitable Mileage Deduction Equity Act, S.3421 by Senator Bob Casey (D-PA) and H.R.2020 by Congressman Todd Platts (R-19-PA) would set the volunteer mileage rate at the business mileage rate. The two rates would be the same: 58.5 ...

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10/28/08
Obama Infomercial Leaked - Get the Inside Scoop « But As for Me!

[S. 3421/P.L. 109-461; S. 1180, 109th Congress; S. 3475, 109th Congress; Obama Press Release, 6/26/06]. Veterans Committee Omnibus Bill Included Several Proposals From Obama’s Homeless Veterans Legislation. ...

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10/28/08
Comment on Can Anyone Name an Obama Accomplishment? by denis

[S. 3421/PL 109-461; S. 1180, 109th Congress; S. 3475, 109th Congress; Obama Press Release, 6/26/06]. Obama Passed Legislation Extending Tax Credits For Military Families By Allowing Service Members Deployed In War Zones To Apply ...

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