The bill amends Minnesota Statutes 2024, section 290.0132, subdivision 30, to increase the subtraction for volunteer drivers' mileage reimbursement. It removes the previous limitations on the amount of mileage reimbursement that could be subtracted, specifically the requirement that it exceed the mileage rate for charitable services and the standard mileage rate for businesses. Instead, the new language allows taxpayers to subtract the full amount of mileage reimbursement paid by a charitable organization for their work as volunteer drivers, with the subtraction calculated as two dollars per mile multiplied by the number of miles driven.

Additionally, the bill mandates that the commissioner adjust the dollar amount for the subtraction as specified in section 270C.22, with the adjustments applicable for the taxable year 2025. The effective date for these changes is set for taxable years beginning after December 31, 2024. This legislation aims to provide greater financial support to volunteer drivers by increasing the allowable tax subtraction for their mileage expenses.

Statutes affected:
Introduction: 290.0132