Summary: H.R.5662 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.5662. Bill summaries are authored by CRS.

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Introduced in House (04/27/2018)

Volunteer Driver Tax Appreciation Act of 2018

This bill amends the Internal Revenue Code to increase the standard mileage rate for the tax deduction for the charitable use of a passenger automobile. The bill increases the rate from the standard charitable rate of 14 cents per mile to the standard business mileage rate (54.5 cents per mile for 2018).