I
110th CONGRESS
2d Session
H. R. 6835
IN THE HOUSE OF REPRESENTATIVES
September 8, 2008
Mr. Hall of New York introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code to provide for an increased mileage rate for charitable deductions.
Short title
This Act may be cited as the
Giving Incentives to Volunteers
Everywhere Act of 2008
or the GIVE Act of 2008
.
Determination of standard mileage rate for charitable contributions deduction
In general
Subsection (i) of section 170 of the Internal Revenue
Code of 1986 (relating to standard mileage rate for use of passenger
automobile) is amended by striking 14 cents per mile
and
inserting the amount that is 70 percent of the standard business mileage
rate in effect under section 162(a) for the taxable year
.
Effective date
The amendment made by this section shall apply to miles traveled after the date of the enactment of this Act.
Mileage reimbursements to charitable volunteers excluded from gross income
In general
Part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 139B the following new section:
Mileage reimbursements to charitable volunteers
In general
Gross income of an individual does not include amounts received, from an organization described in section 170(c), as reimbursement of operating expenses with respect to use of a passenger automobile for the benefit of such organization. The preceding sentence shall apply only to the extent that such reimbursement would be deductible under this chapter if section 274(d) were applied—
by using the standard business mileage rate established under section 162(a), and
as if the individual were an employee of an organization not described in section 170(c).
No double benefit
Subsection (a) shall not apply with respect to any expenses if the individual claims a deduction or credit for such expenses under any other provision of this title.
Exemption from reporting requirements
Section 6041 shall not apply with respect to reimbursements excluded from income under subsection (a).
.
Clerical amendment
The table of sections for part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after the item relating to section 139B the following new item:
Sec. 139C. Reimbursement for use of passenger automobile for charity.
.
Effective date
The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.