LD1520

An Act to Reduce the Income Tax Paid by Volunteers for Mileage Reimbursements

Failed·5/6/25
Tpdf Text

Reduces state income tax on mileage reimbursements for charitable services above federal business rates.

This bill modifies state income tax rules to exclude from taxable income any mileage reimbursements for charitable services that exceed the federal business mileage rate. For tax years starting after January 1, 2026, only the portion of the reimbursement that surpasses the federal business rate will be subject to state income tax. This change aims to provide tax relief for volunteers who drive for charitable organizations.

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Sponsors

D
1
0
Democratic CaucusRepublican Caucus

Calendar

Apr 29, 2025

1:00 PM

Hearing

Apr 15, 2025

2:00 PM

Hearing

History

May 6, 2025

Senate

Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

May 1, 2025

Joint

Reported Out: ONTP

Apr 29, 2025

Joint

Work Session Held