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Volunteer Driver Tax Parity Act of 2022

USA117th CongressS-4691| Senate 
| Updated: 8/1/2022
Amy Klobuchar

Amy Klobuchar

Democratic Senator

Minnesota

Cosponsors (1)
Tina Smith (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Aug 1, 2022
Introduced in Senate
Aug 1, 2022
Read twice and referred to the Committee on Finance.
  • August 1, 2022
    Introduced in Senate


  • August 1, 2022
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 117-8265: TEAM Volunteers Act

Volunteer Driver Tax Parity Act of 2022

USA117th CongressS-4691| Senate 
| Updated: 8/1/2022
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Aug 1, 2022
Introduced in Senate
Aug 1, 2022
Read twice and referred to the Committee on Finance.
  • August 1, 2022
    Introduced in Senate


  • August 1, 2022
    Read twice and referred to the Committee on Finance.
Amy Klobuchar

Amy Klobuchar

Democratic Senator

Minnesota

Cosponsors (1)
Tina Smith (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 117-8265: TEAM Volunteers Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted