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- H.R.8265
H.R.8265: TEAM Volunteers Act
About This Bill
- Introduced July 1, 2022
- Latest Major Action July 1, 2022
Bill Sponsor
Bill Cosponsors
10 (8 Democrats, 2 Republicans)
Bill Version
- Introduced in House - July 1, 2022
Bill Summary
Tax Emergency Adjustment for Mileage Volunteers Act or the TEAM Volunteers Act This bill increases the rate of the tax deduction for the charitable use of a passenger automobile to equal the standard business rate (i.e., 58.5 cents per mile in the first half of 2022, then 62.5 cents per mile for the rest of that year) for taxable years beginning after 2021 and before 2024. It then provides for a permanent 24 cents per mile rate, adjusted...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 1, 2022 |
Referred to the House Committee on Ways and Means.
|
| July 1, 2022 |
Introduced in the House by Angie Craig (D-Minn.) |