[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1585 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 1585

  To amend the Internal Revenue Code of 1986 to increase the standard 
  mileage rate deduction for charitable use of passenger automobiles.


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 1, 1993

  Mr. Rangel introduced the following bill; which was referred to the 
                      Committee on Ways and Means

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                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to increase the standard 
  mileage rate deduction for charitable use of passenger automobiles.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. INCREASE IN STANDARD MILEAGE RATE EXPENSE DEDUCTION FOR 
              CHARITABLE USE OF PASSENGER AUTOMOBILE.

    (a) In General.--Subsection (i) of section 170 of the Internal 
Revenue Code of 1986 (relating to standard mileage rate for use of 
passenger automobile) is amended to read as follows:
    ``(i) Standard Mileage Rate for Use of Passenger Automobile.--
            ``(1) General rule.--Except as provided in paragraph (2), 
        for purposes of computing the deduction under this section for 
        use of a passenger automobile, the standard mileage rate shall 
        be 16 cents per mile.
            ``(2) Subsequent adjustments.--
                    ``(A) In general.--If the Secretary adjusts the 
                business standard mileage rate for any period after 
                1993, the Secretary shall also adjust the standard 
                mileage rate set forth in paragraph (1). The adjustment 
                in the rate set forth in paragraph (1) shall be made in 
                a manner consistent with the adjustment to the business 
                standard mileage rate; except that only costs allowable 
                as a deduction under this section shall be taken into 
                account.
                    ``(B) Business standard mileage rate.--For purposes 
                of subparagraph (A), the term `business standard 
                mileage rate' means the standard mileage rate which may 
                be used in computing the deduction under section 162 
                for the use of a passenger automobile.''
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to taxable years beginning after December 31, 1992.

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