H.R.5583: Keep Small Businesses Profitable Act of 2006

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about taxation
  • Introduced June 12, 2006
  • Latest Major Action June 12, 2006

Bill Summary

Keep Small Businesses Profitable Act of 2006 - Provides that the optional standard mileage rate used to calculate the tax deduction for business use of an automobile shall not be less than 48.5 cents per mile in 2006.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
June 12, 2006

Introduced in the House by Melissa Bean (D-Ill.)

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