By SE North Carolina News |
Oct 12, 2023
Washington, D.C. — Today, Senators Ted Budd (R-NC), Amy Klobuchar (D-MN), and Tina Smith (D-MN) introduced S. 3020, the Volunteer Driver Tax Appreciation Act. The bill aims to support volunteer drivers who provide rides for seniors and non-drivers through churches, community organizations, and nonprofits by increasing the charitable mileage tax deduction rate.Under the current rate, volunteer drivers are eligible for a charitable mileage tax deduction of $0.14 per mile. However, with the introduction of the Volunteer Driver Tax Appreciation Act, this rate would be...