[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 1220 Introduced in Senate (IS)]







110th CONGRESS
  1st Session
                                S. 1220

  To increase the standard mileage rate for use of an automobile for 
     business, medical, and moving deduction purposes for 2007 and 
permanently increase such rate for charitable deduction purposes under 
   the Internal Revenue Code of 1986 and to temporarily increase the 
   reimbursement rate for use of an automobile by Federal employees.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             April 25, 2007

  Mr. Schumer introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
  To increase the standard mileage rate for use of an automobile for 
     business, medical, and moving deduction purposes for 2007 and 
permanently increase such rate for charitable deduction purposes under 
   the Internal Revenue Code of 1986 and to temporarily increase the 
   reimbursement rate for use of an automobile by Federal employees.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Reimbursing Our American Drivers 
(ROAD) Act of 2007''.

SEC. 2. TEMPORARY INCREASE IN MILEAGE RATE DEDUCTION.

    (a) Rate for Business, Medical, and Moving Use of an Automobile.--
For purposes of sections 162(a), 213(d)(1)(B), and 217 of the Internal 
Revenue Code of 1986, the standard mileage rate for use of an 
automobile shall be 60 cents per mile for any use after December 31, 
2006, and before January 1, 2008.
    (b) Rate for Charitable Use of an Automobile.--Section 170(i) of 
the Internal Revenue Code of 1986 is amended by striking ``14 cents'' 
and inserting ``30 cents''.

SEC. 3. TEMPORARY INCREASE IN REIMBURSEMENT RATE FOR USE OF AN 
              AUTOMOBILE FOR FEDERAL EMPLOYEES.

    For purposes of section 5704 of title 5, United States Code, the 
standard mileage rate for use of an automobile for an employee who is 
engaged on official business for the Government shall be 60 cents per 
mile for any use after December 31, 2006, and before January 1, 2008.
                                 <all>