A bill to temporarily increase the standard mileage rate for use of an automobile for purposes of certain deductions allowed under the Internal Revenue Code of 1986 and to temporarily increase the reimbursement rate for use of an automobile by Federal employees.
Reimbursing Our American Drivers (ROAD) Act of 2005 - Increases to 60 cents per mile, for the period after August 31, 2005, and before January 1, 2007: (1) the standard mileage rate for calculating the tax deduction for business, medical, moving, and charitable use of an automobile; and (2) the standard mileage rate for reimbursement of federal employee automobile expenses.
Read twice and referred to the Committee on Finance.
Referred to the Committee on Ways and Means, and in addition to the Committee on Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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