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

  • This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Comparing original version (created by webmaster) with revision saved on May 27, 2008, 19:59:08 (webmaster):

S. 3032 would 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.

== Detailed Summary ==

<summary>
(Log inReimbursing Our American Drivers (ROAD) Act of 2008 - Increases to edit70 cents per mile, for the wikiperiod after December 31, 2007, and bebefore January 1, 2009: (1) the firststandard 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 provide a detailed summary40 cents per mile the standard mileage rate for purposes of computing the bill!)tax deduction for the use of a passenger automobile for charitable purposes.
</summary>

<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->

== Status of the Legislation ==

<status>
(Log inLatest Major Action: 5/19/2008: Referred to edit the wikiSenate committee. Status: Read twice and be the firstreferred to update the status of the bill!)Committee on Finance.
</status>

<!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. -->

== Points in Favor ==

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== Points Against ==

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Visitor Comments Comments Feed for This Bill

Jason

June 11, 2008, 1:59pm (report abuse)

This should have been passed already! Fuel is up over a $1 over the prior year. What is taking so long?

Jay

June 13, 2008, 9:04am (report abuse)

I wrote my Senator as urged by TaxMiles in his Business Mileage Report blog. The only way to get these politicians to do something that actually helps is to make a stink.

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