Thank you to National Council of Nonprofits for sharing this federal policy update impacting volunteers nationwide:
Nonprofits point to high gas prices and poor tax incentives as two reasons volunteerism has not returned to pre-pandemic levels at many organizations.
As a partial solution, Rep. Stauber (R-MN) introduced the Volunteer Driver Tax Appreciation Act of 2022 (H.R. 7432), a bill that would raise the volunteer mileage rate (fixed in statute 25 years ago at 14 cents/mile) to the standard business rate (currently 58.5 cents/mile) for volunteers who drive their vehicles on behalf of charitable nonprofits to transport property or individuals.
In his news release, Rep. Stauber explained, “By increasing the mileage rate for volunteer drivers and lessening the burden for them, more people will be donating their time to help their fellow community members.
Read More.
P.S. Read out latest legislative update here.