Official Summary

8/1/2008--Introduced.Giving Incentives to Volunteers Everywhere Act of 2008 or the GIVE Act of 2008 - Amends the Internal Revenue Code to: (1) increase the standard mileage rate for use of a passenger automobile for charitable purposes to 70% of the current rate for business usage; and (2)

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Official Summary

8/1/2008--Introduced.
Giving Incentives to Volunteers Everywhere Act of 2008 or the GIVE Act of 2008 - Amends the Internal Revenue Code to:
(1) increase the standard mileage rate for use of a passenger automobile for charitable purposes to 70% of the current rate for business usage; and
(2) exclude from the gross income of charitable volunteers reimbursements paid to them for the use of a passenger automobile for the benefit of a charitable organization.

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