[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3502 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 3502

  To amend the Internal Revenue Code of 1986 to increase the standard 
mileage rates during 2001 for certain deductions for use of a passenger 
                    automobile to 50 cents per mile.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           December 13, 2001

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

_______________________________________________________________________

                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to increase the standard 
mileage rates during 2001 for certain deductions for use of a passenger 
                    automobile to 50 cents per mile.

    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 RATES FOR CERTAIN DEDUCTIONS 
              FOR USE OF PASSENGER AUTOMOBILE.

    (a) Business Use.--Section 162 of the Internal Revenue Code of 1986 
(relating to deduction for trade or business expenses) is amended by 
redesignating subsection (p) as subsection (q) and by inserting after 
subsection (o) the following new subsection:
    ``(p) Standard Mileage Rate for Use of Passenger Automobile.--For 
purposes of computing the deduction under this section for use of a 
passenger automobile during all taxable years that include any portion 
of calendar year 2001, the standard mileage rate shall be 50 cents per 
mile.''.
    (b) Charitable Purpose.--Subsection (i) of section 170 of such Code 
(relating to standard mileage rate for use of passenger automobile) is 
amended by inserting before the period the following: ``, except that, 
for purposes of computing such deduction during all taxable years that 
include any portion of calendar year 2001, the standard mileage rate 
shall be 50 cents per mile.''.
    (c) Medical Care.--Section 213 of such Code (relating to deduction 
for medical, dental, etc., expenses) is amended by adding at the end 
the following new subsection:
    ``(f) Standard Mileage Rate for Use of Passenger Automobile.--For 
purposes of computing the deduction under this section for use of a 
passenger automobile during all taxable years that include any portion 
of calendar year 2001, the standard mileage rate shall be 50 cents per 
mile.''.
    (d) Moving Expenses.--Section 217 of the Internal Revenue Code of 
1986 (relating to deduction for moving expenses) is amended by 
redesignating subsection (j) as subsection (k) and by inserting after 
subsection (i) the following new subsection:
    ``(j) Standard Mileage Rate for Use of Passenger Automobile.--For 
purposes of computing the deduction under this section for use of a 
passenger automobile during all taxable years that include any portion 
of calendar year 2001, the standard mileage rate shall be 50 cents per 
mile.''.
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