S.4691: Volunteer Driver Tax Parity Act of 2022

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Bill Summary

Volunteer Driver Tax Parity Act of 2022 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 annually for inflation, for taxable years...

(Source: Library of Congress)

Bill Actions

Date Description
Aug. 1, 2022
Read twice and referred to the Committee on Finance.
Aug. 1, 2022

Introduced in the Senate by Amy Klobuchar (D-Minn.)

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