S.3032 - Reimbursing Our American Drivers (ROAD) Act of 2008

A bill to increase the standard mileage rate for use of an automobile for business, medical, and moving deduction purposes for 2008 and permanently increase such rate for charitable deduction purposes under the Internal Revenue Code of 1986 and to temporarily increase the reimbursement rate for use of an automobile by Federal employees. view all titles (2)

All Bill Titles

  • Short: Reimbursing Our American Drivers (ROAD) Act of 2008 as introduced.
  • Official: A bill to increase the standard mileage rate for use of an automobile for business, medical, and moving deduction purposes for 2008 and permanently increase such rate for charitable deduction purposes under the Internal Revenue Code of 1986 and to temporarily increase the reimbursement rate for use of an automobile by Federal employees. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
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05/19/08
 
 
 
 
 
 
 

Official Summary

Reimbursing Our American Drivers (ROAD) Act of 2008 - Increases to 70 cents per mile, for the period after December 31, 2007, and before January 1, 2009: (1) the standard mileage rate for calculating the tax deduction for business, medical, and moving use of an automobile; and (2) the stand

Official Summary

Reimbursing Our American Drivers (ROAD) Act of 2008 - Increases to 70 cents per mile, for the period after December 31, 2007, and before January 1, 2009:
(1) the standard mileage rate for calculating the tax deduction for business, medical, and moving use of an automobile; and
(2) the standard mileage rate for reimbursement of federal employee automobile expenses. Increases from 14 to 40 cents per mile the standard mileage rate for purposes of computing the tax deduction for the use of a passenger automobile for charitable purposes.

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