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- S.3429
S.3429: Giving Incentives to Volunteers Everywhere Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced Aug. 1, 2008
- Latest Major Action Aug. 1, 2008
Bill Sponsor
Bill Cosponsors
26 (17 Democrats, 10 Republicans)
Bill Summary
Giving Incentives to Volunteers Everywhere Act of 2008 or the GIVE Act of 2008 - Amends the Internal Revenue Code to: (1) increase the standard mileage rate for use of a passenger automobile for charitable purposes to 70% of the current rate for business usage; and (2) exclude from the gross income of charitable volunteers reimbursements paid to them for the use of a passenger automobile for the benefit of a charitable organization.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| Aug. 1, 2008 |
Introduced in the Senate by Charles E. Schumer (D-N.Y.) |