To amend the Internal Revenue Code of 1986 to increase the standard mileage rates during 2001 for certain deductions for use of a passenger automobile to 50 cents per mile.
Last action on Dec 13, 2001Referred to the House Committee on Ways and Means.
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Summary
Amends the Internal Revenue Code to increase the standard mileage rates during 2001 for business use, charitable purpose, medical care, and moving expense deductions for use of a passenger automobile to fifty cents per mile.
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