legislation: 99-s-2753

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
99-s-2753 99 s 2753 A bill to provide for computing the amount of the deductions allowed to rural mail carriers for use of their automobiles. Taxation 1986-08-13 1986-08-13 Read twice and referred to the Committee on Finance. Senate Sen. Grassley, Chuck [R-IA] IA R G000386 2 Allows rural letter carriers who use their own automobiles in performing services involving the collection and delivery of mail on a rural route to compute the amount of the income tax deduction for the use of such an automobile by using a standard mileage rate equal to 150 percent of the basic standard rate. Exempts such letter carriers from the 50 percent business use requirement for depreciation and the investment tax credit if the standard mileage rate is not used. Applies such rules to taxable years beginning after 1984. 2025-01-03T20:55:56Z  

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