[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[S. 243 Introduced in Senate (IS)]
111th CONGRESS
1st Session
S. 243
To amend the Internal Revenue Code of 1986 to allow the Secretary of
the Treasury to establish the standard mileage rate for use of a
passenger automobile for purposes of the charitable contributions
deduction and to exclude charitable mileage reimbursements from gross
income.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
January 14, 2009
Mr. Cardin (for himself, Ms. Snowe, Mr. Schumer, Mr. Ensign, Mr.
Feingold, Mr. Grassley, Mr. Leahy, Mr. Alexander, Mr. Burr, Mr. Dodd,
Ms. Cantwell, and Mr. Sanders) introduced the following bill; which was
read twice and referred to the Committee on Finance
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to allow the Secretary of
the Treasury to establish the standard mileage rate for use of a
passenger automobile for purposes of the charitable contributions
deduction and to exclude charitable mileage reimbursements from gross
income.
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 ``Giving Incentives to Volunteers
Everywhere Act of 2009'' or the ``GIVE Act of 2009''.
SEC. 2. DETERMINATION OF STANDARD MILEAGE RATE FOR CHARITABLE
CONTRIBUTIONS DEDUCTION.
(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.--For
purposes of computing the deduction under this section for use of a
passenger automobile, the standard mileage rate shall be the rate
determined by the Secretary, which rate shall not be less than the
standard mileage rate used for purposes of section 213.''.
(b) Effective Date.--The amendment made by this section shall apply
to miles traveled after the date of the enactment of this Act.
SEC. 3. EXCLUSION FROM GROSS INCOME FOR CHARITABLE MILEAGE
REIMBURSEMENTS.
(a) In General.--Part III of subchapter B of chapter 1 of the
Internal Revenue Code of 1986 (relating to items specifically excluded
from gross income) is amended by adding at the end the following new
section:
``SEC. 139C. CHARITABLE MILEAGE REIMBURSEMENT.
``(a) In General.--In the case of an individual, gross income shall
not include amounts received from an organization described in section
170(c)(2) as reimbursement of operating expenses with respect to the
use of a passenger automobile for the benefit of such organization.
``(b) Limitation.--The amount excluded from gross income under
subsection (a) shall not exceed the product of the standard mileage
rate used for purposes of section 162 multiplied by the number of miles
traveled for which such reimbursement is made.
``(c) Application to Volunteer Services Only.--Subsection (a) shall
not apply with respect to any expenses relating to the performance of
services for compensation.
``(d) No Double Benefit.--A taxpayer may not claim a deduction or
credit under any other provision of this title with respect to
reimbursements excluded from income under subsection (a).
``(e) Exemption From Reporting Requirements.--Section 6041 shall
not apply with respect to reimbursements excluded from income under
subsection (a).
``(f) Maintenance of Records.--For purposes of this section, no
exclusion shall be allowed under subsection (a) for any reimbursement
unless with respect to such reimbursement the taxpayer meets
substantiation requirements similar to the requirements of section
274(d).''.
(b) Conforming Amendment.--The table of sections for part III of
subchapter B of chapter 1 of such Code is amended by adding at the end
the following new item:
``Sec. 139C. Charitable mileage reimbursement.''.
(c) Effective Date.--The amendments made by this section shall
apply to miles traveled after the date of the enactment of this Act.
<all>