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S 3429 110th Congress Senate Taxation Automobiles Charitable contributions Government Operations and Politics Income tax Tax deductions Tax exclusion Transportation and Public Works Travel costs

GIVE Act of 2008

Introduced: August 1, 2008 Introduced by: Schumer, Charles E. Democratic · New York See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 1, 2008
Read twice and referred to the Committee on Finance.
Aug 1, 2008
Introduced in Senate
 Plain-English summary Congressional Research Service

Giving Incentives to Volunteers Everywhere Act of 2008 or the GIVE Act of 2008 - Amends the Internal Revenue Code to: (1) increase the standard mileage rate for use of a passenger automobile for charitable purposes to 70% of the current rate for business usage; and (2) exclude from the gross income of charitable volunteers reimbursements paid to them for the use of a passenger automobile for the benefit of a charitable organization.

What's happening now August 1, 2008

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1