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Volunteer Driver Tax Appreciation Act of 2023

3/14/2024, 6:36 AM

Summary of Bill S 3020

Bill 118 s 3020, also known as the Volunteer Driver Tax Appreciation Act of 2023, is a piece of legislation introduced in the US Congress. The purpose of this bill is to provide tax incentives for individuals who volunteer as drivers for charitable organizations.

Under this bill, volunteer drivers who provide transportation services for charitable purposes would be eligible for a tax deduction for their mileage expenses. This deduction would be similar to the one currently available to individuals who drive for business purposes.

The bill aims to encourage more individuals to volunteer as drivers for charitable organizations by providing them with a financial incentive to do so. By offering a tax deduction for mileage expenses, the bill seeks to recognize and appreciate the valuable service that volunteer drivers provide to their communities. Overall, the Volunteer Driver Tax Appreciation Act of 2023 is a bipartisan effort to support and incentivize volunteerism in the transportation sector. It is designed to benefit both charitable organizations and the volunteers who selflessly give their time and resources to help others in need.

Congressional Summary of S 3020

Volunteer Driver Tax Appreciation Act of 2023

This bill increases the 14 cents per mile rate for the charitable use of an automobile to the standard business mileage rate (65.5 cents per mile in 2023) for automobiles transporting persons (other than the taxpayer) or property on behalf of a charitable organization.

Current Status of Bill S 3020

Bill S 3020 is currently in the status of Bill Introduced since October 4, 2023. Bill S 3020 was introduced during Congress 118 and was introduced to the Senate on October 4, 2023.  Bill S 3020's most recent activity was Read twice and referred to the Committee on Finance. as of October 4, 2023

Bipartisan Support of Bill S 3020

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
4
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3020

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 3020

Volunteer Driver Tax Appreciation Act of 2023
Volunteer Driver Tax Appreciation Act of 2023
A bill to amend the Internal Revenue Code of 1986 to equalize the charitable mileage rate with the business travel rate.

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