S 1085 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that the mileage rate used to determine the amount allowable as a deduction for the business use of automobiles shall be the same as the rate used to reimburse Federal employees.

Introduced 1979-05-07· Sponsored by Sen. Cochran, Thad [R-MS]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1979-05-07)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that the mileage rate used to determine the amount allowable as an income tax deduction for the business use of automobiles shall be the same as the rate used to reimburse Federal employees.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Republicans