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US SB1177
Bill
AI Summary
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Increases the charitable mileage deduction rate for volunteer drivers who transport other people or property on behalf of charitable organizations from the current 14 cents per mile to match the standard business mileage rate (currently 67 cents per mile in 2024)
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Maintains the existing 14 cents per mile rate for other charitable driving that does not involve transporting persons or property for a charitable organization
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Requires the Secretary of the Treasury to determine the new rate, which must be at least equal to the standard mileage rate used for business travel deductions under IRC sections 162 and 212
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Applies to taxable years beginning after December 31, 2024
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Introduced March 27, 2025 by Senator Klobuchar (D-MN) and Senator Budd (R-NC) as a bipartisan measure; referred to the Senate Committee on Finance
Legislative Description
Volunteer Driver Tax Appreciation Act of 2025
Taxation
Last Action
Read twice and referred to the Committee on Finance.
3/27/2025