LRBs0034/1
MES:jld:rs
2007 - 2008 LEGISLATURE
ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO 2007 ASSEMBLY BILL 109
March 7, 2007 - Offered by Representative Owens.
AB109-ASA1,1,3
1An Act to create 71.05 (6) (b) 39. of the statutes;
relating to: creating an
2individual income tax deduction for certain amounts of mileage reimbursement
3received by volunteer drivers.
Analysis by the Legislative Reference Bureau
Generally, if a volunteer driver for a charitable organization is reimbursed for
his or her mileage expenses, the volunteer must, under current federal law, claim the
amount of the reimbursement as taxable income. Also under current federal law, the
volunteer may claim an income tax charitable deduction for his or her mileage
expenses at the current statutory mileage rate of 14 cents per mile. In general,
Wisconsin conforms to these federal laws.
Under this substitute amendment, a volunteer driver for a charitable
organization may deduct from income any amount of mileage reimbursement that
he or she receives for mileage expenses incurred as a volunteer driver, to the extent
that the individual does not claim the reimbursed amount as a tax deductible
charitable contribution under the Internal Revenue Code.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB109-ASA1, s. 1
1Section
1. 71.05 (6) (b) 39. of the statutes is created to read:
AB109-ASA1,2,62
71.05
(6) (b) 39. Any amount of mileage reimbursement received by an
3individual for his or her mileage expenses incurred as a volunteer driver for a
4charitable organization, as defined in s. 29.89 (1), to the extent that the individual
5does not claim the reimbursed amount as a deductible charitable contribution under
626 USC 170.
AB109-ASA1,2,118
(1) This act first applies to taxable years beginning on January 1 of the year
9in which this subsection takes effect, except that if this subsection takes effect after
10July 31 this act first applies to taxable years beginning on January 1 of the year
11following the year in which this subsection takes effect.
