Bill117th CongressFiled Aug 1, 2022Taxation
S. 4691
Volunteer Driver Tax Parity Act of 2022
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Aug 1, 2022)
Volunteer Driver Tax Parity Act of 2022
This bill increases the rate of the tax deduction for the charitable use of a passenger automobile to equal the standard business rate (i.e., 58.5 cents per mile in the first half of 2022, then 62.5 cents per mile for the rest of that year) for taxable years beginning after 2021 and before 2024. It then provides for a permanent 24 cents per mile rate, adjusted annually for inflation, for taxable years beginning after 2023.
What just happenedAug 1, 2022
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Klobuchar, Amy [D-MN](D-MN)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions1related bills
- Introduced in SenateAug 1, 2022
- Aug 1, 2022IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Aug 1, 2022IntroReferral10000
Introduced in Senate