S 403
110th Congress
Senate
Taxation
Automobiles
Charitable contributions
Charities
Crime and Law Enforcement
Fines (Penalties)
Fraud
Income tax
Law
Sentences (Criminal procedure)
Social Welfare
Tax evasion
Tax exclusion
Tax penalties
Tax refunds
Tax returns
Tax-exempt organizations
Transportation and Public Works
Travel costs
Volunteer workers
A bill to amend the Internal Revenue Code of 1986 to provide that reimbursements for costs of using passenger automobiles for charitable and other organizations are excluded from gross income, and for other purposes.
Introduced: January 26, 2007
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 26, 2007
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1238-1239)
Jan 26, 2007
Sponsor introductory remarks on measure. (CR S1238)
Jan 26, 2007
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to provide that volunteers who use their automobiles for the benefit of a charitable organization may exclude from their gross income reimbursements for their automobile operating expenses at the same level as business employees (i.e., 48.5 cents per mile in 2007).
Increases criminal sanctions and monetary penalties for: (1) underpayments or overpayments of tax due to fraud; (2) attempts to evade or defeat tax; (3) willful failure to file tax returns, supply information, or pay tax; and (4) fraud and false statements.
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1238-1239)
Committees of jurisdiction
1
Cosponsors
1